Jiamei Packaging Expects H1 Net Profit to Rise 254%-361%, with Full-Industry-Chain Beverage Services Creating a New Growth Engine

On July 13, Jiamei Packaging (002969) disclosed its 2026 semi-annual earnings forecast. In the first half of this year, the company expects to achieve a net profit attributable to shareholders of the listed company of RMB 70.00 million to RMB 91.00 million, a substantial increase over RMB 19.7416 million in the same period last year, with a growth rate of 254.58% to 360.96%. Meanwhile, net profit after deducting non-recurring gains and losses is expected to be RMB 72.00 million to RMB 94.00 million, up 342.88% to 478.20% year on year; basic earnings per share are expected to be between RMB 0.0651 and RMB 0.0846 per share.

Optimized Financial Structure Releases Profit Elasticity

The significant improvement in performance was driven by both the industry environment and internal financial optimization. The forecast noted that the first half of 2026 is a "big year" for the beverage industry, with more days of Spring Festival peak-season orders falling within this reporting period, driving revenue growth. The company's traditional advantageous business remained stable, with performance at the normal average level of a "big year," laying the foundation for overall development. On the other hand, as the company's convertible bonds were gradually converted into shares, financial expenses dropped significantly, directly and positively boosting the company's performance.

Business Resilience Continues to Strengthen

Judging from the seasonal operating patterns of the packaging industry, the second quarter is usually the traditional off-season for beverage packaging. Looking back at some previous years, Jiamei Packaging's single-quarter profit base in the second quarter was generally low. Therefore, despite the objective existence of the off-season effect in the second quarter, the company's overall net profit in the first half was still able to reach more than RMB 70 million, reflecting that the resilience of its business structure is strengthening.

Full-Industry-Chain Platform Creates a New Profit Growth Curve

The announcement shows that, in addition to its traditional business, the company's "full-industry-chain beverage service" platform continued to gain momentum. Incremental orders under new customers, new markets and new business models gradually formed economies of scale, effectively filling part of the gap in the existing business. In particular, the platform's contract manufacturing and filling business has developed well and, as its scale has further expanded, has become a new profit growth point. This diversified business synergy not only effectively reduces the impact of seasonal changes on the single packaging existing business, but also plays a strategic role in enhancing customer stickiness and promoting all-round continuous cooperation, injecting new momentum into the company's long-term growth together with its customers.

——This article is reprinted from the China Packaging Network (pack.cn), original link: http://news.pack.cn/show-379860.html