Jinyan Kaolin New Materials (02693) announced interim results. Profit attributable to shareholders of 7.966 million yuan decreased by 64.89% year-on-year

According to the Zhitong Finance App, Jinyan Kaolin New Materials (02693) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 104 million, a year-on-year decrease of 19.16%; profit attributable to owners of the parent company was RMB 7.966 million, a year-on-year decrease of 64.89%; and profit per share was 0.08 yuan.

According to the announcement, the decline in revenue was mainly due to sluggish demand in the downstream industry and increased market competition, which put pressure on the company's product order volume and sales price, and product sales revenue declined as a result.