JC Chemical recorded strong performance in the second quarter, driven by the simultaneous growth of its biofuel and palm plantation businesses.

According to a regulatory filing on the 6th, JC Chemical's provisional consolidated operating profit for the second quarter of 2026 reached 11.454 billion won, a 189.0% surge compared to the same period last year. This figure is a preliminary estimate prior to the external auditor's review.

Revenue for the same period totaled 142.806 billion won, up 54.9% from 92.176 billion won in the same period last year and 17.9% from 121.153 billion won in the previous quarter. Operating profit skyrocketed 621.7% compared to the previous quarter's 1.587 billion won.

Profit before income tax from continuing operations stood at 10.061 billion won, up 737.0% from the previous quarter and 649.1% from the same period last year. Net income also reached 8.755 billion won, increasing 507.1% from the previous quarter and 317.9% from the same period last year. Net income attributable to owners of the parent company was 8.755 billion won, up 529.4% year-on-year.

On a cumulative basis for the first half of this year (January–June), the company achieved revenue of 263.959 billion won (up 54.8% year-on-year) and operating profit of 13.041 billion won (up 108.4% year-on-year). Notably, profit before income tax from continuing operations, net income, and net income attributable to owners of the parent company for the first half all successfully turned from a loss in the same period last year to a profit.

The company cited the strong performance of its biofuel and palm plantation businesses as the background for the earnings improvement.

In the biofuel segment, increased export volumes of biodiesel (BD), higher volumes of pre-treatment (PTU) for sustainable aviation fuel feedstock, and the full-scale launch of BMF sales drove revenue growth. Combined with cost reductions and margin improvements from expanded exports, profitability also improved significantly.

In the palm plantation segment, rising prices of products such as crude palm oil (CPO) and expanded sales and production volumes solidly contributed to increases in both revenue and operating profit.