Nanjing Julong (300644.SZ) announced first-half results, with net profit of 24.811 million yuan to mother, a year-on-year decrease of 56.75%

According to the Zhitong Finance App, Nanjing Julong (300644.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,408 billion yuan, an increase of 11.97% over the previous year. Net profit attributable to shareholders of listed companies was 24.811 million yuan, a year-on-year decrease of 56.75%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 22.8935 million yuan, a year-on-year decrease of 58.85%.

In the first half of 2026, due to the geographical situation, international crude oil prices rose, the overall bulk chemical supply chain was tightened, and the price of petrochemical core raw materials in the industry rose sharply in stages. Faced with upward pressure on upstream costs, the company promptly initiated a product price adjustment mechanism and actively communicated price adjustments with downstream customers. Affected by factors such as the order cycle and business negotiations, there is a lag in the transmission of price adjustments. It is difficult for the company to fully absorb the upward pressure on upstream raw material costs, profit margins are being squeezed, and there is a situation where revenue growth does not increase profit.