Dongyue Silicone Materials released its performance forecast for the first three quarters of 2026 on the evening of October 8, expecting attributable net profit of 547 million to 567 million yuan, compared with only 2.8567 million yuan in the same period last year. The company said the sharp change in performance was mainly driven by improvements in the market environment and the industry supply-demand structure, with prices of its main products rising. 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 somewhat and comprehensive gross margin improved. At the same time, the company continued to advance refined management and safety control, ensured stable production operations, and effectively controlled production costs, further strengthening profitability. Dongyue Silicone Materials also noted that in the third quarter of 2025, affected by the July 20 fire accident, the company posted a loss of 39.3374 million yuan for that period, which left attributable net profit for the first three quarters of the prior year at only 2.8567 million yuan, meaning the current period's profit figures are not comparable with the same period last year.
Shandong Dongyue Organosilicon MatPerformance forecast shows net profit of 547-567 million yuan for first three quarters vs 2.86 million yuan a year earlier, driven by improved market environment, higher product prices, and lower unit costs.
