Yida Chemical turns profitable in 2026 interim report, revenue up 64.43%

Earnings
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Summary · why it matters

Yida Chemical released its 2026 interim report, swinging to a profit. During the reporting period, the company achieved operating revenue of 1.135 billion yuan, up 64.43% year on year. Net profit attributable to the parent was 30.7898 million yuan, compared with a loss of 62.9838 million yuan in the same period last year. Net profit after deducting non-recurring items was 29.8521 million yuan, also turning positive. Net cash flow from operating activities was 56.405 million yuan, a sharp increase of 721.38% from negative 9.0774 million yuan a year earlier. Overall gross margin turned positive to 10.68%. Propylene oxide product revenue reached 271 million yuan, surging 135 times year on year, but its gross margin remained at negative 0.33%, with the loss narrowing significantly. Net profit of subsidiaries Jilin Yida and Zhuhai Yida rose 140.35% and 929.37% year on year respectively.

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Subsidiary Jilin Yida net profit rose 140.35% year on year.