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Qixiang Tengda: Expected first-half net profit year-on-year growth of 374.64%-423.88%

2026-07-25 14:07:55

Qixiang Tengda’s announcement expects net profit in the first half of 2026 to be between 110 million yuan and 121 million yuan, up 374.64% to 423.88% year over year. In 2026, after the chemical industry cycle hits the bottom, it will recover gradually. At the same time, international energy prices fluctuate significantly, driving a substantial rise in the prices of the company’s main products and markedly improving profitability, thereby leading to a large year-over-year increase in net profit. In addition, the overseas chemical capacity clearing process is accelerating, supply-chain conflicts are becoming more prominent, and this has resulted in a mismatch between market supply and demand. The company is actively seizing opportunities in overseas markets, increasing efforts to expand its overseas footprint. Its overseas trade business revenue grew by more than 50% year over year, showing a strong growth momentum.

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