Gold Coal Technology (600844.SH) announced semi-annual results, with net profit of 20.41 million yuan to mother, turning a year-on-year loss into a profit

According to Zhitong Finance App News, Jinmei Technology (600844.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved revenue of 478 million yuan, an increase of 1.06% over the previous year; net profit attributable to shareholders of listed companies was 20.41 million yuan, turning a year-on-year loss into a profit; deducting non-net profit of 19.12 million yuan, turning a year-on-year loss into a profit; and basic earnings per share of 0.0201 yuan.

The production plant achieved continuous and stable operation in the first half of the year. With the successful commissioning of the 100,000-ton oxalic acid production expansion project in early April, a total of 751,000 tons of oxalic acid were produced according to the “increase in oxalic acid and reduction of ethylene glycol” flexible production strategy, a total of 751,000 tons of oxalic acid was produced, an increase of about 40% over the previous year, and 66,200 tons of ethylene glycol were produced, a decrease of about 20% over the previous year. The optimized product structure effectively hedged the risk of market fluctuations and became the core support for the company's profit.

The production side continued to implement energy saving and cost reduction measures. Consumption of various raw and auxiliary materials and energy decreased markedly over the same period last year. Combined with optimization and adjustment of the production structure, the company's operating cash flow improved markedly. Simultaneously promote technical improvement projects such as ultra-low boiler emissions, full closure of coal fields, and heat recovery from distillation, etc., promote intelligent upgrading of catalyst production and equipment, and continue to consolidate the long-term stable production hardware foundation.