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Harbin Electric FY26 H1 net profit jumps 63.47% to RMB 1.72 billion; revenue rises 10.35% to RMB 24.8 billion
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Harbin Electric FY26 H1 net profit jumps 63.47% to RMB 1.72 billion; revenue rises 10.35% to RMB 24.8 billion
  • Harbin Electric posted first-half revenue of RMB 24.8 billion, up 10.35%, while net profit attributable to owners jumped 63.47% to RMB 1.72 billion.
  • Gross profit margin widened 2.95 percentage points to 15%, helped by stronger profitability and tighter cost control.
  • Formal contracts signed rose 1.35% to RMB 36.04 billion; new-type power equipment orders climbed 41.19% to RMB 27.1 billion.
  • Export contracts fell 59.05% to RMB 4.86 billion, as last year’s Saudi EPC projects were not repeated.
  • Operating cash flow increased to RMB 6.35 billion on stronger collections; cash and equivalents climbed 31.9% to RMB 20.11 billion.


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. Harbin Electric Company Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260911-12329556), on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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