China's Ko Yo Chemical H1 turnover rises on higher selling prices
China's Ko Yo Chemical H1 turnover rises on higher selling prices
Overview
China fertilizer producer posted half-year net loss of RMB145.8 mln, narrowing from prior year
Turnover rose 5.8% yr/yr to RMB1.16 bln, mainly on higher selling prices
Company did not declare an interim dividend for the six months ended 30 June 2026
Outlook
iangsu Bluestar Green Material will advance trial production and formal operations at its 400,000-tonne/year propylene oxide project
Guang'an Ko Yo Electronic Material Plant plans to resume production in H2 when cost and market conditions are opportune
Result Drivers
HIGHER SELLING PRICES - Co said turnover increase was mainly due to higher selling prices of products
IMPROVED GROSS PROFIT - Co reported a shift to gross profit of RMB12.5 mln from a gross loss in the prior year
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Net Loss Attributable |
| RMB 145.80 mln |
|
Analyst Coverage
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 1 three months ago
Reuters Recommended Reads
Aug 26 - China's Sanjiang Fine Chemicals H1 net profit more than doubles as margins improve
Aug 27 - Morocco's OCP and US farmer-owned cooperative plan $450 million fertiliser plant in Louisiana
Aug 25 - Brazil fertilizer industry seeks subsidies as Iran war disrupts supplies, Mosaic says
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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