Dongyue Silicon Material: Net profit is expected to increase by 904.88% to 952.28% year-on-year in the first half of the year.
Dongyang Silicon Materials announced that it is expected to achieve a net profit of 4.24 billion yuan to 4.44 billion yuan in the first half of 2026, an increase of 904.88% to 952.28% over the same period last year. After deducting non-recurring gains and losses, the net profit is expected to be 4.65 billion yuan to 4.85 billion yuan, an increase of 933.72% to 978.18% over the same period last year. In the first half of 2026, the organic silicon industry's main product prices have risen due to improvements in market conditions and industry supply and demand patterns. At the same time, the company's main raw material, industrial silicon, has seen a year-on-year decrease in procurement prices, leading to a reduction in unit production costs and an increase in gross profit margin. Additionally, the company has continued to promote refined management and internal potential development, maintaining stable production operations, effectively controlling costs and expenses, and further enhancing profitability.
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