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Xinling Electric (301388.SZ) announced first-half results, with net profit of 145.632 million yuan to mother, an increase of 73.15% over the previous year
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According to the Zhitong Finance App, Xinling Electric (301388.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 283 million yuan, an increase of 21.75% over the previous year. Net profit attributable to shareholders of listed companies was 145.632 million yuan, an increase of 73.15% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 10,821,100, an increase of 52.05% over the previous year.

The main reasons are: 1. Demand from downstream customers for the company's small relay series increased, which led to an increase in sales volume and a corresponding increase in net profit; 2. Demand from downstream customers of the company's new energy sources increased, and sales volume of products in the new energy sector increased, which led to an increase in the company's net profit. At the end of the reporting period, the company's total assets were 1,276.9243 million yuan, an increase of 3.92% over the end of the previous year. It was mainly due to the company's investment in building new plants and an increase in long-term assets.

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