China's Tsaker New Energy Tech H1 revenue rises on higher iron phosphate demand

Tsaker New Energy Tech

18/08/2026 13:35

Overview
China specialty chemicals maker's H1 revenue rose 51% yr/yr to RMB1.41 bln
Net profit for H1 surged 315% yr/yr to RMB124.5 mln
Basic and diluted EPS for H1 rose to RMB0.10 from RMB0.01

Outlook
Company expects Cangzhou Factory's expanded 70,000 tonnes/yr iron phosphate line to release capacity before end-2026

Result Drivers
IRON PHOSPHATE DEMAND – Battery-materials revenue rose 152.1% as energy-storage and power-battery demand lifted iron phosphate volumes and selling prices
SCALE COST SAVINGS – Higher iron phosphate capacity utilization diluted fixed costs, offsetting phosphoric-acid cost pressure and lifting segment gross profit to RMB61.0 mln
OVERSEAS AGROCHEMICAL SALES – Expansion in overseas markets increased agricultural-chemical intermediate revenue 32.8%, supporting dye and agricultural chemical segment growth

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 1.41 bln
 

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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.)