Zhejiang Kanglongda Special

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Kanglongda's 2026 interim net profit was 42.8487 million yuan, down 61.77% year-on-year

Kanglongda released its 2026 interim report, with net profit attributable to the parent company of 42.8487 million yuan, a decrease of 61.77% compared with the same period last year. The company's total operating revenue was 751 million yuan, and net cash inflow from operating activities was 81.8405 million yuan. The latest asset-liability ratio was 72.57%, gross margin was 24.28%, ROE was 6.59%, and diluted earnings per share was 0.26 yuan.

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Kanglongda's First-Half Deducted Net Profit Expected to Rise 38.73% to 104.44%

Kanglongda has disclosed its 2026 half-year performance forecast, estimating net profit attributable to shareholders at 40 million to 58 million yuan, a year-on-year decrease of 64.32% to 48.26%. However, deducted net profit is expected to be 38 million to 56 million yuan, a year-on-year increase of 38.73% to 104.44%. The company stated that the decline in net profit attributable to shareholders is mainly due to the high base effect from the disposal of its US subsidiary GGS in the same period last year, while the significant growth in deducted net profit reflects a strong recovery in the profitability of its core hand protection business. The strategic advantages of its Vietnam production base continue to be unleashed, with production and sales rates climbing month by month and capacity utilization remaining high, making it the core engine of profit growth for the main business.

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