Shandong Dongyue Silicone Materials Company Limited, referred to as Dongyue Silicone Materials, stock code 300821 on the Shenzhen Stock Exchange, released its earnings forecast for the first three quarters of 2026 on October 8. Net profit attributable to shareholders of the listed company is expected to be between 547 million and 567 million yuan, compared with 2.86 million yuan in the same period last year. The forecast indicates that net profit is positive and represents an increase in the same direction. Net profit after deducting non-recurring gains and losses is expected to be between 589 million and 609 million yuan, compared with 11.82 million yuan in the same period last year. The company said that in the first three quarters of 2026, driven by improvements in the market environment and the industry supply-demand structure, prices of major 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. Overall unit production costs declined somewhat, and the comprehensive gross margin improved. At the same time, the company continued to advance refined management and safety controls, effectively controlling production costs and 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 left net profit attributable to shareholders of the listed company for the first three quarters of the prior year at only 2.86 million yuan. As a result, the profit indicators for the current period are not comparable with the same period last year. The company also said that during the reporting period, the estimated impact of non-recurring gains and losses on net profit attributable to shareholders of the listed company is around 42 million yuan, mainly arising from items such as gains and losses on disposal of non-current assets.
Shandong Dongyue Organosilicon MatForecasts net profit of 547-567 million yuan for first three quarters of 2026, up sharply from 2.86 million yuan a year earlier.
