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Yip's Chemical Group (00408) is expecting net profit of no less than HK$138.6 million to increase by no less than 110% year-on-year
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According to the Zhitong Finance App, Yip's Chemical Group (00408) announced that the Group's net profit for the mid-2026 period is expected to increase by no less than 110% over the net profit of HK$66 million for the six months ending June 330, 2025, or no less than HK$13.8.6 million.

The sharp increase in net profit expected in mid-2026 is mainly due to the following factors: 1) Due to soaring sales prices of solvent products and successfully grasping this market opportunity, the Group's solvent joint venture business recorded significant net profit growth in mid-2026; 2) In mid-2026, the Group's ink business continued to make progress in expanding market share, and sales and tonnage increased, and the ink business category profit increased compared to mid-2025; 3) Following the completion of the acquisition of a leading chemical gas recovery and treatment company in mainland China in December 2025, Beijing Xinnuo Haibo Petrochemical Technology Development After about 60% of the company's shares, Cigna Haibo's financial results were merged into the group in mid-2026; and this net profit increase was partially offset by the following circumstances: 4) It recorded non-recurring income from the sale of vacant land in Jinshan, Shanghai in mid-2025.

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