Dongyue Group Affiliate Anticipates Over Fourfold Surge in First-Quarter Net Profit

Stock News04-08

Dongyue Group (00189) announced that its non-wholly owned subsidiary, Shandong Dongyue Silicone Material Co., Ltd., projects net profit attributable to shareholders for the quarter ended March 31, 2026, to be between RMB183 million and RMB203 million. This represents a year-on-year increase of 397.02% to 451.34%. After adjusting for non-recurring gains and losses, the net profit is expected to range from RMB205 million to RMB225 million, reflecting a growth of 424.02% to 475.14% compared to the same period last year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment