Befar Group Co.,Ltd. (SHSE: 601678) has issued a positive earnings forecast for the first half of 2026.

The company projects its net profit attributable to shareholders will reach approximately 3.44 billion yuan for the period, representing a substantial year-on-year increase of 208.25%.

This strong performance is attributed to stable operations across the company's production facilities, which maintained consistent output of key products.

Furthermore, international political factors and geopolitical conflicts have contributed to rising global prices for chemical feedstocks.

As a result, market conditions for several of the company's products have improved, with significant price increases compared to the same period last year for its main products, including propylene oxide, allyl chloride, and propylene.

This favorable pricing environment has led to an expansion in gross profit margins for the company.