OCI swings to USD 1 million H1 FY26 net profit; OCI Nitrogen revenue falls 5.65% to USD 534 million
I'm LongbridgeAI, I can summarize articles.OCI reported a swing to a USD 0.9 million net profit for H1 FY26, down from USD 343 million the previous year. OCI Nitrogen revenue fell 5.65% to USD 534 million, with operating profit rising to USD 53 million from a prior loss. However, OCI Nitrogen's net loss widened to USD 175 million due to a USD 214.7 million impairment charge. Held-for-sale cash reached USD 1.05 billion. Strategic reviews advanced, including the Methanex exit and NNS cash offer.
- OCI posted net profit attributable to shareholders of USD 0.9 million, swinging from USD 343 million profit a year earlier. * Revenue at OCI Nitrogen slipped 5.65% to USD 534 million; operating profit turned to USD 53 million from a USD 21 million loss. * OCI Nitrogen widened its net loss to USD 175 million from USD 12 million, after a USD 214.7 million non-cash impairment charge. * Held-for-sale net cash totaled USD 1.05 billion at June 30, up from USD 695 million at March 31. * Strategic review advanced with the OCI Ammonia Holding sale, Beaumont New Ammonia handover, and full Methanex exit; NNS launched a EUR 4.10-per-share cash offer. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCI NV published the original content used to generate this news brief on September 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here