Yuntianhua Faces Earnings Pressure in Q3, with Significant Cost Headwinds on the Phosphate Fertilizer Side

ChemPriceHub, November 13 – According to the data, Yuntianhua reported revenue of RMB 31.711 billion and net profit attributable to shareholders of RMB 3.678 billion for the first three quarters of 2026, representing year-on-year declines of 15.82% and 22.28%, respectively. The quarter-over-quarter decline in Q3 widened significantly to 62.20%. This downturn was primarily driven by a sharp year-on-year surge of 89.27% in sulfur procurement prices, which far outpaced the 15.17% increase in phosphate fertilizer selling prices, resulting in substantial cost-side pressure.