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FLASH: Estone expects turnaround in H1 2026 net profit, driven by EV and energy storage demand

Source: Mysteel Jul 28, 2026 09:58
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New Energy

On July 27, Anhui Estone Materials Technology Co., Ltd. announced that it expects a net profit attributable to shareholders of the parent company of Yuan 9.50 million to Yuan 14.00 million for the first half of 2026, turning losses into profits year-on-year. Benefiting from the rapid growth in demand from the electric vehicle and energy storage markets, the company's sales of major products such as lithium battery coating materials increased significantly YoY, driving a year-on-year increase in the company's operating revenue.

 

Edited by Cassie Li, lixiangying@mysteel.com

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