Dongguang Chemical (01702) expects net profit to increase by about 55% year-on-year in the first half of the year

According to the Zhitong Finance App, Dongguang Chemical (01702) announced that the group's net profit for the six months ending June 30, 2026 is expected to increase by about 55% compared to the same period up to 2025. The expected increase in the Group's net profit is mainly due to the combined effects of (i) increased overall gross profit and gross margin due to increased revenue and (ii) earnings from urea futures hedging.