Yabao's net sales in the first quarter were $1.4 billion, a year-on-year increase of 33%.

date
09/05/2026
On May 9, Yabo Company's financial report for the first quarter of 2026 showed a net sales revenue of 1.4 billion US dollars, a year-on-year increase of 33%, mainly due to the growth in sales volume and prices of energy storage and specialty chemicals businesses; net profit was 319 million US dollars, with diluted earnings per share attributable to common shareholders at 2.34 US dollars; adjusted EBITDA was 664 million US dollars, a year-on-year increase of 148%. In addition, Yabo raised its outlook for 2026, including raising its full-year net sales revenue and adjusted EBITDA expectations for the specialty chemicals business, mainly due to price increases and reduced interest expenses from recent debt reduction. The company maintains its overall corporate scenario outlook unchanged, with the positive factors expected to offset the cost increase caused by disruptions in the supply chain in the Middle East region.