Zhongtai Chemical disclosed its earnings forecast, expecting net profit attributable to the parent of 55 million to 82 million yuan in the first half of 2026, compared with a loss of 194 million yuan in the same period last year, achieving a turnaround. Deducted non-recurring profit or loss is expected to be a loss of 28 million to 55 million yuan, significantly narrowing from a loss of 217 million yuan a year earlier. The company said the improvement was mainly due to stable profitability in chlor-alkali chemicals, the release of production and sales scale for coal chemical methanol products, and enhanced profitability in the textile business. At the same time, narrowed losses at key associates reduced investment losses year on year. In addition, non-recurring gains such as debt recovery proceeds and government subsidies also made a positive contribution to performance.
Xinjiang Zhongtai Chemical Co LtdExpects net profit turnaround in H1 2026, with narrowed losses and non-recurring gains.