Tiande Chemical Reports Interim Results with 33.4% Decline in Shareholder Profit

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Tiande Chemical (00609) has released its interim results for the six months ended June 30, 2026, showing revenue of RMB 1.082 billion, a 16.1% increase year-on-year. However, profit attributable to shareholders fell 33.4% to RMB 23.395 million, with basic earnings per share at RMB 0.027.

During the review period, market demand remained weak as the adverse macroeconomic environment from the previous year continued to exert pressure. Although geopolitical conflicts triggered tightness in the global supply chain, pushing up market prices for energy and basic chemical raw materials, the group's overall product selling prices still recorded a modest decline compared to the same period last year.

In response to the sluggish market conditions, the group adjusted its marketing strategies, focusing on expanding its market presence, broadening its customer base, and continuously extending the downstream applications of its products. These measures enabled certain products to realize their growth potential, driving up overall sales volume and effectively offsetting the impact of lower product prices on revenue. As a result, the group achieved the expected growth in turnover compared to the same period last year.

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