Xiangtan Electrochemical disclosed its earnings forecast, expecting net profit attributable to the parent company for the first half of 2026 to be between 180 million yuan and 261 million yuan, representing a year-on-year increase of 42.99% to 107.33%. Deducted non-recurring net profit is expected to be between 177 million yuan and 258 million yuan, up 59.76% to 132.87% year-on-year, with basic earnings per share ranging from 0.29 yuan to 0.41 yuan. The company stated that the profit growth was mainly due to an expected year-on-year increase in investment income from associates. At the same time, prices of upstream raw materials such as sulfuric acid and pyrite rose sharply. The company actively passed on costs, maintained a stable operating foundation, and its core business performance in the second quarter improved compared with the first quarter.
Xiangtan Electrochemical Scientific Co LtdCompany expects net profit to rise 42.99%-107.33% year-on-year, driven by higher investment income and improved core business.