JINYUAN HCHEM (02502) issues a positive profit alert, expecting a net profit of approximately 41.6 million yuan for the interim period, turning losses into profits compared to the same period last year.
Jinyuan Hydrogen (02502) announced that the group expects to achieve a profit of approximately RMB 41.6 million for the six months ending June 30, 2026 (corresponding period in 2025: a loss of approximately RMB 9.3 million).
JINYUAN HCHEM (02502) announced that the group expects to achieve a profit of approximately RMB 41.6 million for the six months ending June 30, 2026 (during the corresponding period in 2025: the performance was a loss of approximately RMB 9.3 million).
The upward revision of this performance estimate is primarily due to the expansion of gross margins for the groups main products (i.e., hydrogenated phenolic chemicals and liquefied natural gas) for the six months ending June 30, 2026, compared to the six months ending June 30, 2025. This is mainly attributed to more favorable price adjustments for these products relative to their respective raw materials.
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