According to Zhitong Finance App News, Huafeng Aluminum (601702.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 6.418 billion yuan, up 7.62% year on year; net profit attributable to shareholders of listed companies was 557 million yuan, down 2.29% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 546 million yuan, up 1.10% year on year; basic earnings per share were 0.56 yuan.

Affected by a combination of internal and external factors, the company's profit declined slightly year-on-year in the first half of the year. At the external level, demand in the downstream automobile market is weak, compounded by the cancellation of export tax rebates for aluminum products, international trade barriers, and increased industry competition. The overall decline in processing costs in the aluminum processing industry is under pressure; at the internal level, production capacity bottlenecks in the hot rolling process have brought about an increase in production costs, offsetting the profit contribution brought about by scale expansion, and the overall profit level declined slightly.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.