Aeolus Tyre Co LtdFirst-half attributable net profit rose 3.3% to 106 million yuan, with revenue up 8.0% and non-recurring profit up 14.5%.

Aeolus Tyre published its 2026 interim report on August 28. First-half operating revenue was 3.8 billion yuan, up 8.0% year on year; attributable net profit was 106 million yuan, up 3.3% year on year; attributable net profit excluding non-recurring items was 105 million yuan, up 14.5% year on year; net operating cash flow was negative 52.58 million yuan, an improvement of 58.1% year on year; earnings per share were 0.1195 yuan. In the second quarter, operating revenue was 2.01 billion yuan, up 6.5% year on year, while attributable net profit was 55.44 million yuan, down 25.8% year on year. As of the end of the second quarter, total assets were 9.105 billion yuan, up 14.3% from the end of the previous year, and attributable net assets were 4.646 billion yuan, up 32.0% from the end of the previous year. The company said it actively advanced product mix upgrades and market optimization in the first half. Domestic market operating revenue grew 5.44%, overseas market operating revenue rose 12.58% year on year, and it achieved a landmark breakthrough in giant engineering radial tires. Management also noted that the company completed a private placement during the reporting period. Although earnings per share and the weighted average return on equity declined, overall strategic positioning and technological innovation made significant progress, which is expected to lay a foundation for performance growth in the second half of the year.
Aeolus Tyre Co LtdFirst-half attributable net profit rose 3.3% to 106 million yuan, with revenue up 8.0% and non-recurring profit up 14.5%.