TREE NEWS update: Fiberglass maker China Jushi said it expects net profit attributable to shareholders of 5.136 billion to 5.393 billion yuan for the first three quarters of 2026, up 100% to 110% year on year. Recurring net profit is forecast at 5.225 billion to 5.486 billion yuan, also up 100% to 110%. The company attributed the gain to rising downstream fiberglass demand and higher volumes and prices.
China Jushi forecasts 100%-110% profit growth in first three quarters of 2026
AI take
The striking detail is that recurring profit is forecast to match or exceed headline profit, implying the gain is operational rather than one-off — a stronger signal for a materials supplier tied to construction and industrial demand. The driver cited is volume and price together, which matters more than either alone for fiberglass margins. Whether higher prices hold as capacity responds is the open question worth watching.
Generated by AI for reference only.
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