Dongfang Gaoye forecasts nine-month profit growth of 261.93%–365.34%
In short
Dongfang Gaoye (东方锆业) expects net profit attributable to shareholders of 140 million–180 million yuan for the first three quarters of 2026. The forecast represents growth of 261.93%–365.34% from a year earlier, according to its announcement reported on October 14.
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Dongfang Gaoye (东方锆业) forecast net profit attributable to shareholders of 140 million–180 million yuan for the first three quarters of 2026 in an announcement reported on October 14. That would be an increase of 261.93%–365.34% from the corresponding period a year earlier. 36Kr reported that the previous year's comparable figure was 38.6812 million yuan. It also reported a forecast of 140 million–180 million yuan in profit excluding non-recurring gains and losses, compared with 38.4999 million yuan a year earlier, a rise of 263.64%–367.53%. [ 1 , 2 , 4 ]
According to CLS, the company attributed the expected earnings increase to rapidly growing demand in emerging downstream uses for zirconium materials, faster domestic substitution and higher sales volumes and prices for its main products. The company also cited production cost reductions, continued optimization of its product mix, improved capacity utilization and economies of scale. 36Kr likewise identified demand growth, higher product volumes and prices, cost reductions and capacity utilization as factors behind the forecast increase. [ 1 , 2 ]
Why it matters
The company attributed the expected increase to stronger downstream demand and higher sales volumes and prices for its main products. It also cited cost reductions, an improved product mix and higher capacity utilization.
Key facts
- Forecast net profit attributable to shareholders is 140 million–180 million yuan for the first three quarters of 2026. [ 1 , 2 , 4 ]
- The expected year-on-year increase is 261.93%–365.34%. [ 1 , 2 , 3 , 4 ]
- The previous year's comparable net profit was 38.6812 million yuan, 36Kr reported. [ 2 ]
- The company cited downstream demand, product sales and prices, cost reductions and capacity utilization as drivers. [ 1 , 2 ]
Confirmed by several sources
Still unclear
- The final net profit for the period is not provided. The documents report a forecast range.