COFCO Technology (000930.SZ) issued an advance loss and is expected to return a net loss of 150 million to 190 million yuan in half a year

According to the Zhitong Finance App, COFCO Technology (000930.SZ) disclosed its 2026 semi-annual results forecast. The company expects a net loss of 150 million to 190 million yuan for the half year to shareholders of listed companies, with a net loss of 131 million to 171 million yuan after deducting non-recurring profit and loss, all of which changed from profit to loss over the previous year.

During the reporting period, the company's net profit attributable to shareholders of listed companies was a loss. Affected by supply and demand factors, raw corn prices continued to rise, and the procurement costs of the company's main raw materials increased year-on-year; however, the price increase for the main fuel products, ethanol, starch, starch sugar, citric acid, etc. was far lower than the increase in raw material costs, and the original difference continued to narrow, and profitability was greatly squeezed.