Chuanjinnuo announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be 160 million to 180 million yuan, a year-on-year decrease of 40.87% to 47.44%. The change in performance was mainly due to higher procurement costs for sulfur, a core raw material, a lower overall gross margin compared with the same period last year, and higher period expenses. The company expects third-quarter net profit of 36 million to 56 million yuan, while second-quarter net profit was 83 million yuan. Based on this calculation, third-quarter net profit is expected to fall 32% to 56% quarter on quarter.
Kunming Chuan Jin Nuo Chemical Co LtdExpects first-three-quarters 2026 net profit down 40.87%–47.44% on higher sulfur procurement costs, lower gross margin, and higher period expenses.
