Guangdong Hongtu announced that revenue for the first half of 2026 was 4.186 billion yuan, down 1.97% year on year; net profit attributable to shareholders of listed companies was 398.37 million yuan, down 65.09% year on year, and 114 million yuan for the same period in 2025; net profit after deducting non-recurring profit and loss was 254.13,400 yuan, down 75.56% year on year to 104 million yuan for the same period in 2025. The performance was affected by a combination of factors such as rising raw material prices, declining gross margin of orders, exchange losses, and higher costs during the production capacity climb of new production expansion projects.

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.