Befar Group Posts 174% Surge in Interim Net Profit, Declares Dividend

Stock News
Yesterday

Befar Group (06745) has released its interim results for 2026, reporting a revenue of approximately RMB 8.26 billion, marking a year-on-year increase of about 12.32%. The company's gross profit reached roughly RMB 1.013 billion, reflecting a substantial rise of 64.14% compared to the same period last year.

Profit attributable to shareholders of the company stood at approximately RMB 373 million, a remarkable 174% jump from the previous year. Earnings per share came in at RMB 0.19, with an interim dividend of RMB 0.20 per 10 shares (tax inclusive) declared.

According to the company's announcement, the revenue growth was primarily driven by increased product sales volumes, supported by the stable operation of new facilities at Binhua New Materials. Additionally, selling prices for key products, including propylene oxide, chloropropene, and epichlorohydrin, were higher than those recorded in the same period last year, further boosting overall performance.

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