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Kemet Gas: Expected net profit in the first half of 2026 to decline by 57.02%–65.98% year over year

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Kemet Gas Co., Ltd. announced that it expects net profit attributable to shareholders of the listed company from January 1, 2026 to June 30, 2026 to be between RMB 19 million and RMB 24 million, representing a year-on-year decline of 65.98% to 57.02%. Net profit after deducting non-recurring profit and loss is expected to be between RMB 12.4 million and RMB 15.8 million, representing a year-on-year decline of 75.05% to 68.21%. The main reasons for the performance change include that profit contribution year-on-year decreased due to some products being affected by fluctuations in raw gas supply and a rollback of settlement prices; after the Yizhang Kemet Specialty Gas project is completed and transferred to fixed assets, depreciation and trial operation-related expenses increase accordingly; and the company accrues asset impairment losses.
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