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Juhe Shun: Net profit of RMB 34.0609 million in the first quarter, down 57.84% year-on-year
Juhua Shun Announcement, Q1 2026 Operating Revenue of 1.19B yuan, down 24.08% year-on-year. Net profit of 34.0609 million yuan, down 57.84% year-on-year. Mainly due to the industry capacity release being concentrated, downstream industry demand being weak, resulting in an overall supply and demand imbalance in the industry. The price of nylon sheet products has generally decreased year-on-year, external environment fluctuations are significant, cost-side uncertainties have increased, downstream procurement is cautious, downstream inventory conversion has eased, but there is no obvious recovery in demand, and industry profits have not shown a clear rebound.