---
title: "CJS Q1 Net Profit Expected to Surge 60%-80% as Fiberglass Volume and Price Rise Together Drive Significant Profit Recovery | Earnings Insights"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282836819.md"
description: "CJS forecasts net profit attributable to shareholders of the listed company for the first quarter of 2026 to range from 1.169 billion yuan to 1.315 billion yuan, an increase of 438 million yuan to 584 million yuan compared to the same period last year, representing a year-on-year growth of 60% to 80%. The company attributes the substantial performance growth to increased demand in major downstream application fields of fiberglass, resulting in simultaneous increases in product volume and price"
datetime: "2026-04-15T11:39:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282836819.md)
  - [en](https://longbridge.com/en/news/282836819.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282836819.md)
---

# CJS Q1 Net Profit Expected to Surge 60%-80% as Fiberglass Volume and Price Rise Together Drive Significant Profit Recovery | Earnings Insights

Fiberglass industry leader CJS released a positive earnings preview, with first-quarter profit growth reaching a multi-year high, confirming that the industry's prosperity cycle is accelerating its recovery.

On Wednesday, CJS announced that it expects net profit attributable to shareholders of the listed company for the first quarter of 2026 to range from 1.169 billion yuan to 1.315 billion yuan, an increase of 438 million yuan to 584 million yuan compared to the same period last year, representing a year-on-year growth of 60% to 80%. **The company attributes the substantial performance growth to increased demand in major downstream application fields of fiberglass, resulting in simultaneous increases in product volume and price.**

Net profit after deducting non-recurring gains and losses also recorded a year-on-year increase of 60% to 80%, ranging from 1.19 billion yuan to 1.34 billion yuan, indicating that the improvement in profitability is primarily driven by core business operations, demonstrating solid quality.

The company stated that during the first quarter, increased demand in major downstream application fields of fiberglass drove simultaneous increases in product volume and price, supported by measures such as optimization of product structure, technological innovation, and market expansion, collectively supporting this period's performance growth.

Synchronized improvement in volume and price is a key signal of this earnings preview. Fiberglass prices had previously experienced a prolonged period of low-level operation; the simultaneous rise in volume and price indicates that the industry's supply-demand structure is moving toward balance, with the profit elasticity of leading enterprises being particularly significant when demand recovers.

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