en.Wedoany.com Reported - China building materials company Keda Manufacturing (600499) recently released a performance pre-increase announcement for the first half of 2026, expecting that both net profit attributable to shareholders and net profit after deducting non-recurring gains and losses will increase by over 69% year-on-year, with significant improvements in both profitability scale and level.
According to preliminary calculations by the financial department in the announcement, the net profit attributable to shareholders of the listed company for the first half of 2026 is expected to be between 1.260 billion and 1.360 billion yuan, an increase of 515 million to 615 million yuan from 745 million yuan in the same period last year, representing a year-on-year growth of 69.11% to 82.53%. The net profit after deducting non-recurring gains and losses is expected to be between 1.278 billion and 1.378 billion yuan, an increase of 578 million to 678 million yuan from 700 million yuan in the same period last year, with a year-on-year growth of 82.60% to 96.89%.
Keda Manufacturing attributes the significant performance increase to four core factors: First, its overseas building materials business benefited from the continuous release of production capacity from previously launched projects and the maintenance of favorable product prices, leading to good year-on-year growth in operating revenue and net profit, with sustained improvement in profitability. Second, its ceramic machinery business maintained a stable development trend overall, driven by overseas market expansion and coordinated promotion of accessories and consumables services. Third, its negative electrode material business saw improvements in production, sales volume, and profitability levels year-on-year, supported by market demand and capacity optimization. Fourth, its investee company, Qinghai Salt Lake Blue Lithium Industry Co., Ltd. (referred to as Blue Lithium Industry), achieved a lithium carbonate production of approximately 20,200 tons and sales of about 17,800 tons during the reporting period. Driven by rising lithium carbonate prices, Blue Lithium Industry's net profit increased significantly year-on-year, and the investment income recognized by the company accordingly also achieved good growth compared to the same period last year.
The announcement notes that this performance forecast is based solely on preliminary financial calculations, with no major uncertainties affecting its accuracy. The complete and accurate semi-annual financial data will be subject to the officially disclosed 2026 semi-annual report. Investors should view the forecast data rationally and be aware of investment risks.
