Baofeng Energy (600989.SH) announced first-half results, net profit of 9.728 billion yuan to mother, an increase of 70.14% over the previous year

According to the Zhitong Finance App, Baofeng Energy (600989.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 30.198 billion yuan, an increase of 32.33% over the previous year. Achieved net profit attributable to shareholders of listed companies of 9.728 billion yuan, an increase of 70.14% over the previous year. Achieved net profit of 9.21 billion yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 65.07% over the previous year. Basic earnings per share were $1.33. It is proposed to distribute a cash dividend of $0.42 per share.

During the reporting period, the company's main product, polyolefin (including EVA), produced 2.9731 million tons, up 23.64% year on year, and coke production was 3.4681 million tons, up 1.47% year on year.