Satellite Chemical H1 2026 Revenue Up 30.92% to RMB 30.713 Billion, Net Profit Up 126.94%
Satellite Chemical reported H1 2026 revenue of RMB 30.713 billion, up 30.92% year on year, and net profit attributable to shareholders of RMB 6.226 billion, up 126.94%. Basic earnings per share were RMB 1.85. The company upgraded its high-purity carbon dioxide to meet high-end industry standards and entered the energy storage battery supply chain. Sales of high-purity hydrogen rose sharply as downstream demand for high-end manufacturing increased.
Satellite Chemical disclosed its half-year report on August 14, achieving operating revenue of RMB 30.713 billion in the first half of 2026, up 30.92% year on year; net profit attributable to shareholders of RMB 6.226 billion, up 126.94%; basic earnings per share of RMB 1.85.
During the reporting period, the quality of high-purity carbon dioxide continued to improve, with product purity reaching high-end industry standards, and successfully entered the customer system of the energy storage battery industry chain. High-purity hydrogen products, with excellent purity indicators, met the requirements of downstream high-end manufacturing, and downstream recognition continued to improve, leading to a significant increase in product sales.