Zhejiang Longsheng Group (600352) Q2 2026 earnings summary

Executive summary

• Achieved revenue of ¥7.29 billion for H1 2026, up 12.13% year-over-year; net profit attributable to shareholders reached ¥1.00 billion, up 8.20% year-over-year.

• Core businesses: textile chemicals (dyes, auxiliaries) and intermediates, both maintaining global leadership positions.

• Dye sales volume grew 9.63% year-over-year to 126,500 tons; intermediates sales up 6.94% to 52,900 tons.

• Real estate segment maintained stable rental income and completed key project milestones.

Financial highlights

• Operating income: ¥7.29 billion, up 12.13% year-over-year.

• Net profit attributable to shareholders: ¥1.00 billion, up 8.20% year-over-year.

• Net profit excluding non-recurring items: ¥743 million, up 27.51% year-over-year.

• Basic and diluted EPS: ¥0.3086, up 8.20% year-over-year.

• Operating cash flow: ¥1.80 billion, down 56.78% year-over-year due to prior period real estate prepayments.

• Total assets: ¥77.62 billion, up 3.28% from year-end 2025.

Outlook and guidance

• Focus on leveraging integrated supply chain and cost advantages to maintain industry leadership.

• Continued expansion in specialty chemicals and intermediates, with emphasis on R&D and green manufacturing.

• Real estate projects on track for delivery; stable rental yields expected.