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Dongyue Silicon Materials: Net Profit for First Three Quarters Expected to Reach 547 Million to 567 Million Yuan

36Kr1 min read

36Kr reports that Dongyue Silicon Materials announced an expected net profit attributable to the parent company of between 547 million and 567 million yuan for the first three quarters. In the first three quarters of 2026, product prices rose due to improved market conditions and industry supply-demand dynamics. Regarding raw materials, industrial silicon procurement prices fell year-on-year while methanol and methyl chloride prices rose; overall unit production costs decreased, boosting comprehensive gross margins. In the third quarter of 2025, a fire accident on July 20 caused a loss of 39.3374 million yuan for the period, resulting in a net profit attributable to the parent company of 28.567 million yuan for the first three quarters; thus, current profit metrics are not comparable with the same period last year. During the reporting period, non-recurring gains and losses were expected to impact the net profit attributable to shareholders by approximately 42 million yuan, primarily due to items such as gains and losses from disposal of non-current assets.

Read the full article at 36Kr

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