Jiaozuo Wanfang Forecasts 118-137% Net Profit Growth in H1 2026 Amid High Aluminum Prices and Cost Reduction

Published: Jul 11, 2026 14:15

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On July 10, Jiaozuo Wanfang announced that it expects net profit attributable to shareholders of the publicly listed firm for the first half of 2026 to be between 1.17 billion yuan and 1.27 billion yuan, up 118% to 137% YoY. The change in performance was mainly due to aluminum prices fluctuating at highs, the company’s optimization of sales strategies driving YoY revenue growth; meanwhile, the purchase price of the key raw material alumina declined YoY, and coupled with technological upgrades that reduced energy consumption, effectively lowered production costs.

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