Sinochem International H1 2026 Net Loss RMB 281 Million, Revenue Down 3.36%, Core Plant Utilization 90%
Sinochem International reported H1 2026 revenue of RMB 23.533 billion, down 3.36% year on year. The company's net loss attributable to shareholders narrowed to RMB 281 million from RMB 886 million a year earlier, with a basic loss per share of RMB 0.08. Its integrated C3 chain operated steadily, with core units such as PDH and phenol-ketone averaging 90% utilization. Output rose 0.7% to 1.482 million tonnes. Subsidiary Yangnong Ruiheng achieved a Q2 net profit of RMB 12 million, swinging from a year-earlier loss.
On August 7, 2026, Sinochem International disclosed its semi-annual report for the first half of 2026. During the period, the company achieved operating revenue of RMB 23.533 billion, down 3.36% year on year. The net loss attributable to shareholders of the listed company was RMB 281 million, compared with a loss of RMB 886 million in the same period of 2025, narrowing the loss. Basic loss per share was RMB 0.08.
During the reporting period, the company's integrated C3 (carbon three) chain operated steadily, with core units such as PDH and phenol-ketone achieving an average utilization rate of 90%. First-half output reached 1.482 million tonnes, up 0.7% year on year. Yangnong Ruiheng, the legal entity under the C3 chain, turned profitable in the second quarter, posting a net profit of RMB 12 million, an increase of RMB 225 million year on year and RMB 139 million quarter on quarter.
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The event has a measured impact on 1 industry. The strongest current signal is positive for Basic Chemicals, with intensity 30/100 and 60% confidence over a short term horizon.
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