Dongyue Silicone Materials released its performance forecast for the first three quarters of 2026 on the evening of October 8, projecting net profit attributable to shareholders of the listed company at 547 million yuan to 567 million yuan, compared with only 2.86 million yuan in the same period last year, a year-on-year increase of 19,050 percent to 19,750 percent. The company said the sharp rise was mainly due to an improved market environment and industry supply-demand structure, higher prices for its main products, a year-on-year decline in industrial silicon procurement prices, lower overall unit production costs, and a higher consolidated gross margin. Net profit after deducting non-recurring items is projected at 589 million yuan to 609 million yuan, compared with 11.82 million yuan a year earlier, with non-recurring items affecting the amount by about 42 million yuan. The company also cautioned that the third quarter of 2025 was affected by the July 20 fire accident, resulting in a loss of 39.34 million yuan for that period, which made the year-earlier base extremely low, so the current-period profit indicators are not comparable with the same period last year. Its earlier half-year report showed that in the first half of 2026, the company posted revenue of 2.665 billion yuan, up 14.50 percent year on year, and net profit attributable to the parent company of 429 million yuan, up 916.22 percent year on year.
Shandong Dongyue Organosilicon MatForecasts first-three-quarters 2026 net profit of 547-567 million yuan, up ~19,050%-19,750% year on year, driven by higher product prices and lower industrial silicon procurement costs.
