Hangzhou Advance Gearbox Group Co Ltd

Hangzhou Advance Gearbox Group released its 2026 interim report, with net profit attributable to the parent company of 159 million yuan, up 24.60% from the same period last year. Total operating revenue was 1.195 billion yuan, up 11.30% year on year, marking a third consecutive year of growth. Net cash inflow from operating activities was 16.6626 million yuan, and the latest asset-liability ratio stood at 45.08%. Gross margin was 22.02%, up 2.12 percentage points from the same period last year, achieving growth for three consecutive quarters. Diluted earnings per share were 0.40 yuan, up 24.77% year on year.