JTF INTL has released an announcement regarding its financial performance for the first half of the year.

The group anticipates recording a net profit attributable to the company's owners of no less than approximately RMB 35 million for the six-month period ending June 30, 2026.

This represents a significant turnaround from the net loss attributable to owners of approximately RMB 5.3 million reported for the corresponding period ending June 30, 2025.

The expected shift from loss to profit is primarily attributed to a substantial increase in both the sales volume and average selling price of naphtha products, which has driven a significant rise in revenue.

Additionally, gross profit and gross profit margin have improved markedly, as the naphtha products sold were sourced from lower-cost inventory purchased before the sharp price surges and volatility caused by geopolitical tensions in the Middle East.