GON TECHNOLOGY (ASX: 02768) has announced a positive profit alert for the first half of 2026. The company expects its net profit attributable to shareholders to reach between 6 billion and 7.5 billion yuan, representing a significant year-on-year increase of 73.48% to 116.85%.
The net profit after excluding non-recurring gains and losses is forecast to be in the range of 5.8 billion to 7.2 billion yuan, marking a growth of 73.78% to 115.73% compared to the same period last year.
During the reporting period, the company leveraged its accurate assessment of upstream petrochemical raw material market trends. Its fully integrated vertical layout, spanning from monomers to synthetic resins, organic polymer modification/composites, and finished products, has strengthened the resilience of its core raw material supply chain and solidified its cost advantages. This comprehensive chain synergy has been fully realized, driving value creation.
The green petrochemical new materials segment successfully capitalized on market opportunities. Driven by capacity ramp-up and downstream synergy, its business scale expanded rapidly. High recognition from clients regarding product quality and delivery capabilities has led to continuous optimization of operational quality and a favorable trend of sustainable growth.
The organic polymer modified materials segment achieved simultaneous growth in volume and price through product structure optimization and expansion into high-end customer segments, providing solid support for the overall performance increase.
The organic polymer composite materials segment has deepened its focus on the new energy vehicle sector. It has made new progress in the technological iteration of its core product, the HP-RTM ultra-thin lightweight battery pack. Key breakthroughs have been made in market expansion, strategic cooperation with leading clients continues to deepen, new customer development is progressing in an orderly manner, the order book is robust, and the scaling of product output has yielded significant results.
Concurrently, the company's long-accumulated industrial scale advantages are being consistently realized. Technological innovation is driving product iteration and upgrades, leading to a steady improvement in product added value and overall competitiveness. This has further enhanced the company's overall profitability.
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