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Tongkun Gufen forecasts nine-month profit of 6.7–7.1 billion yuan

🇨🇳 China 20:33 Business Business3 Tech updated 2 h ago first reported by 第一财经

In short

Tongkun Gufen (桐昆股份) forecast net profit attributable to listed-company shareholders of 6.7 billion to 7.1 billion yuan for the first three quarters of 2026. The forecast represents year-on-year growth of 332.64%–358.47%.

Read the full story 1 min read

Tongkun Gufen (桐昆股份), stock code 601233.SH, announced on October 15 that it expected net profit attributable to listed-company shareholders of 6.7 billion to 7.1 billion yuan for the first three quarters of 2026. 36Kr and Jiemian put the projected annual increase at 332.64%–358.47%, while CLS rounded it to 333%–358%. [ 1 , 2 , 4 ]

The company attributed the forecast to improving industry supply and demand and recovering processing spreads for PTA and polyester filament products. It also cited improved product profitability at its investee Zhejiang Shiyou Huagong (浙江石油化工有限公司). CLS put projected third-quarter net profit at 2.478 billion to 2.878 billion yuan, against 2.324 billion yuan in the second quarter, implying quarterly growth of 6%–23%. [ 1 , 2 ]

Why it matters

The company linked the improvement to recovering processing spreads for PTA and polyester filament products. It also cited improved profitability at its investee Zhejiang Shiyou Huagong (浙江石油化工有限公司).

Key facts

  • Forecast nine-month attributable net profit was 6.7 billion to 7.1 billion yuan. [ 1 , 2 , 4 ]
  • The projected year-on-year increase was 332.64%–358.47%. [ 2 , 3 , 4 ]
  • CLS calculated projected third-quarter profit growth of 6%–23% from the second quarter. [ 1 ]

Confirmed by several sources

  • The company forecast attributable net profit growth of 332.64%–358.47% for the first three quarters. [ 2 , 3 , 4 ]

Still unclear

  • No open questions in the coverage so far.

What local media are saying

Business mediaBusiness outlets emphasized the profit-growth forecast and improving product processing spreads. [ 1 , 3 , 4 ]
Technology media36Kr reported the forecast and linked it to improved PTA, polyester filament and refining processing spreads. [ 2 ]

Timeline, local time

  1. October 15: CLS reported the company's nine-month forecast and quarterly profit comparison. [ 1 ]