Xinfengming disclosed its earnings forecast, expecting to achieve a net profit attributable to the parent company of 1.38 billion to 1.5 billion yuan in the first half of 2026, representing a year-on-year increase of 94.59% to 111.51%. The company stated that during the reporting period, new supply in the industry slowed in an orderly manner, the industry cycle improved, market supply and demand dynamics were optimised, product price spreads further widened, gross margin rose year-on-year, and the profitability of its main business improved.
Xinfengming Group Co LtdCompany expects net profit to rise 94.59%-111.51% YoY due to improved industry cycle and margins.