Estun (02715.HK): Positive Profit Forecast, Interim Net Profit Attributable to Parent Expected to Surge Around 21 to 26 Times

NewTimeSpace News: On 14 July 2026, Estun (02715.HK) released a positive profit forecast. It expects to record net profit attributable to parent of approximately RMB 150 million to RMB 180 million during the reporting period, jumping roughly 21 to 26 times year on year. Its non-recurring-adjusted net profit is projected at RMB 60 million to RMB 75 million, reversing a loss of around RMB 17.6 million in the same period last year.

The announcement attributes the sharp profit growth to three key factors. First, the Company optimized product mix by focusing on high-value-added products and high-quality orders, driving a notable rise in overall gross profit margin. Second, refined operational management helped cut the ratio of period expenses year on year. Third, the asset restructuring of its associate companies Nanjing Technology Equipment and Nanjing Chemical Fibre has been completed, and the higher fair value of the equity held by the Company generated a substantial surge in non-recurring gains and losses.

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