Dongyue Silicon Materials expects net profit for the first three quarters to rise 19,050% to 19,750% year on year

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Dongyue Silicon Materials announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 547 million yuan and 567 million yuan, an increase of 19,050% to 19,750% year on year. The company said that, driven by improvements in the market environment and the industry supply-demand structure, prices of its main products rose. On the raw materials side, the purchase price of industrial silicon fell year on year, while prices of methanol and methyl chloride rose year on year, so overall unit production costs declined and the comprehensive gross margin improved. The company also continued to advance refined management and safety controls, ensuring stable production operations and effectively controlling production costs, further strengthening profitability. In the third quarter of 2025, affected by the July 20 fire accident, the company recorded a loss of 39.34 million yuan for that period, which meant that net profit attributable to shareholders of the listed company for the first three quarters of the prior year was only 2.86 million yuan, making the current period's profit indicator not comparable with the same period last year. During the reporting period, the company estimates that non-recurring gains and losses will affect net profit attributable to shareholders of the listed company by around 42 million yuan, mainly due to items such as gains and losses on disposal of non-current assets.

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