Autel Intelligent Technology Corp LtdFirst-half net profit fell 9.7% year-on-year despite revenue growth.

Autel Technology released its 2026 interim report. First-half operating revenue was 2.66 billion yuan, up 13.4% year-on-year, while net profit attributable to the parent was 434 million yuan, down 9.7% year-on-year. Second-quarter operating revenue was 1.36 billion yuan, up 8.7% year-on-year, and net profit attributable to the parent was 239 million yuan, down 14.9% year-on-year. As of the end of the second quarter, the company's total assets were 7.446 billion yuan, up 2.6% from the end of the previous year, and net assets attributable to the parent were 3.932 billion yuan, up 1.6% from the end of the previous year. The company's operations focus on three major directions: digital intelligent vehicle diagnostics, smart charging, and embodied intelligence clusters, while continuing to advance the application of artificial intelligence technology and product innovation.
Autel Intelligent Technology Corp LtdFirst-half net profit fell 9.7% year-on-year despite revenue growth.