Do-Fluoride Forecasts H1 Net Profit of 450-560 Million Yuan; Q2 Profit Slumps

Do-Fluoride Chemicals (002407.SZ) forecast first-half net profit attributable to shareholders of 450 million yuan to 560 million yuan, up 776.68% to 990.98% year on year, but said second-quarter net profit fell sharply from the first quarter, according to Jiemian News. The company estimated Q2 net profit at 74 million yuan to 184 million yuan versus 376 million yuan in Q1, implying a quarter-on-quarter drop of about 50% to 80%. Separately, Do-Fluoride said on July 9 it would extend by one year the construction schedule for its 1.488 billion yuan fund-raised project to build key electrolyte materials with annual capacity of 100,000 tonnes, pushing the completion date to November 30, 2027. The company had invested 545 million yuan in the project as of end-2025. Do-Fluoride’s shares opened limit-down on July 13, with market capitalization down by nearly 4.9 billion yuan, the report said.