China Jushi H1 Net Profit Up 74% YoY, Fiberglass Volume-Price Rise, Electronic Cloth Recovery | Earnings Watch

In H1, China Jushi achieved revenue of RMB 11.159 billion, up 22.50% YoY; net profit attributable to shareholders reached RMB 2.933 billion, surging 73.87% YoY. The core driver was the simultaneous rise in volume and price in the fiberglass main business, with costs increasing only 4.56%, significantly improving profitability. Operating cash flow also grew 68.23% to RMB 2.424 billion. The company continues to advance capacity construction at bases such as Huai'an and Chengdu, and plans to distribute RMB 3.30 per 10 shares in dividends, totaling RMB 1.32 billion.