China's Sinofert H1 revenue rises 10.6% on policy support

Sinofert Holdings

25/08/2026 05:14

Overview
China fertilizer distributor's H1 revenue rose 10.6% yr/yr to RMB16.3 bln
Net income attributable to shareholders grew 6.7% yr/yr to RMB1.18 bln
Company did not recommend an interim dividend for the period

Outlook
Sinofert expects domestic fertilizer demand to benefit from grain-capacity policies, a bumper summer harvest and stable autumn planting
The Group will intensify technology innovation and product upgrades in H2 2026 while optimizing market layout and channel services

Result Drivers
POLICY SUPPORT - National policies on supply assurance, price stabilization, and export quota controls contributed to stable performance in nitrogen fertilizer sector
BIO-FERTILIZER SALES - Increased sales volumes of bio-potash and bio-phosphate fertilizers drove growth, with bio-potash sales up 34% and bio-phosphate sales up 18% yr/yr
PRODUCT INNOVATION - Launch of new special fertilizer products and advances in R&D supported business expansion and operational efficiency

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 16.28 bln
 
H1 Net Income Attributable
 
RMB 1.18 bln
 

Analyst Coverage
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago

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(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.)