Qi Xiang Tengda (002408.SZ) issued an advance increase and estimated net profit of 110 million yuan to 121 million yuan in half a year, an increase of 375% to 424%

According to the Zhitong Finance App, Qi Xiang Tengda (002408.SZ) disclosed the 2026 semi-annual results forecast. The company expects net profit attributable to shareholders of listed companies of 110 million yuan to 121 million yuan for the half year, an increase of 374.64% to 423.88% over the previous year. Net profit after deducting non-recurring profit and loss was 96 million yuan to 107 million yuan, an increase of 331.92% to 381.41% over the previous year.

In 2026, the chemical industry cycle slowly recovered after bottoming out. At the same time, international energy prices fluctuated greatly, leading to a significant rise in the prices of the company's main products and a marked increase in profitability, thus driving a significant year-on-year increase in net profit. Furthermore, the process of clearing foreign chemical production capacity has accelerated, and supply chain conflicts have become prominent, leading to a mismatch between supply and demand in the market. The company actively seizes overseas market opportunities and increases overseas market development efforts. Overseas trade business revenue increased by more than 50% year on year, showing a strong growth trend. This not only calmed the cyclical fluctuations in the domestic market, but also provided strong support for the company's business to go overseas. As stock optimization projects have been put into operation one after another, including the 8,000 tons/year high-performance catalytic new material project, the anhydrous tert-butanol project, the kiloton-grade aldehyde-based series specialty chemical research and development project, and the etherolysis double line transformation project, the company continues to enrich its high-end fine chemical product matrix, saving strong momentum for long-term steady development.