Yongjie New Materials H1 Net Profit Jumps 176.65%, Plans Dividend of RMB 5.19 per 10 Shares
Yongjie New Materials reported a 176.65% year-on-year surge in first-half net profit to RMB 514 million, with revenue up 18.05% to RMB 5.225 billion. Basic earnings per share reached RMB 2.61. The company proposed a cash dividend of RMB 5.19 per 10 shares, tax inclusive. Revenue growth was driven by higher product selling prices, while the profit increase followed the completion of a major asset restructuring.
Yongjie New Materials disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB 5.225 billion, up 18.05% year-on-year; net profit attributable to shareholders of the listed company was RMB 514 million, up 176.65% year-on-year; basic earnings per share were RMB 2.61. The company plans to distribute a cash dividend of RMB 5.19 (tax inclusive) per 10 shares.
The report shows that the year-on-year increase in operating revenue was mainly due to higher product selling prices, while the increase in net profit was attributable to the completion of a major asset restructuring.