China Xinlianxin Chemical Fertilizer (01866) is expected to achieve net profit of about 1.15 billion to 1.23 billion yuan in the first half of the year, an increase of 52% to 62% year-on-year

According to the Zhitong Finance App, China Heart Link Fertilizer (01866) announced that the group expects to achieve net profit of about RMB 1.15 billion to RMB 1.23 billion in the first half of 2026, an increase of 52% to 62%; the net profit range that company owners should account for is estimated to be about RMB 850 million to RMB 920 million, an increase of 42% to 54% year on year.

During the reporting period, the Group's performance is expected to achieve significant growth, mainly due to the full release of large-scale efficiency and continuous optimization of the product structure. The volume and price of main products have risen sharply, driving up the overall gross profit level.

First, the Group is steadily advancing large-scale development, and some of the new production capacity has been successfully put into operation, driving sales growth for core products. At the same time, relying on the self-sufficiency advantage of the entire industry chain, the unit cost of core products such as urea is effectively diluted, driving a significant increase in the gross profit of main products.

Second, due to the geographical conflict, the prices of coal chemical-related products are rising. Among them, sales prices of products such as methanol and melamine increased significantly year-on-year; the Group grasped market conditions, gave full play to the advantages of flexible production, and flexibly adjusted the product structure to maximize profits.