Estun H1 2026 Revenue RMB2.58 billion, Net Profit RMB161m, Up 2314.23% YoY
Estun posted H1 2026 revenue of RMB2.58 billion, up 1.14% year-on-year, with net profit attributable to shareholders of RMB161 million, a surge of 2314.23% from the prior-year period. Excluding non-recurring items, net profit was RMB70.17 million versus a loss of RMB17.60 million a year earlier. Basic EPS was RMB0.1762. The company cited margin improvements, tighter cost controls, and fair-value gains from the asset restructuring of its associate Nanjing Gongyi.
Estun disclosed its interim report for the first half of 2026. During the reporting period, the company achieved operating revenue of RMB2.578 billion, up 1.14% year-on-year. Net profit attributable to shareholders of the listed company was RMB161 million, an increase of 2314.23% year-on-year. Net profit after deducting non-recurring gains and losses was RMB70.17 million, compared with a loss of RMB17.60 million in the same period of 2025, marking a year-on-year turnaround to profitability. Basic earnings per share stood at RMB0.1762.
During the reporting period, the company's gross margin improved significantly. Meanwhile, through enhanced refined management and strict budget controls, the expense ratio declined year-on-year. In addition, the asset restructuring of its associate companies Nanjing Gongyi and Nanjing Chemical Fiber was completed. The company's equity in Nanjing Gongyi was swapped for shares in the listed company Nanjing Chemical Fiber, increasing the fair value of its equity holdings and correspondingly raising non-recurring income.