Century Huatong released its 2026 interim report, with first-half net profit attributable to the parent of 4.5 billion yuan, up 69.5% year-on-year. Operating revenue was 22.12 billion yuan, up 28.5% year-on-year; non-GAAP net profit attributable to the parent was 4.3 billion yuan, up 66.4% year-on-year; net operating cash flow was 4.497 billion yuan, up 14.8% year-on-year. In the second quarter, operating revenue was 11.11 billion yuan, up 22.6% year-on-year; net profit attributable to the parent was 2.48 billion yuan, up 89.5% year-on-year. As of the end of the second quarter, total assets were 47.224 billion yuan, up 6.3% from the end of the previous year; net assets attributable to the parent were 34.22 billion yuan, up 11.6% from the end of the previous year. The company's business is concentrated in three major segments: internet gaming, AI cloud data, and auto parts manufacturing. The internet gaming business performed strongly, the AI cloud data business is advancing its AI plus IDC transformation in cooperation with Tencent Cloud and Huawei, and the auto parts business is developing steadily in line with the new energy trend.
Zhejiang Century Huatong Group Co LtdFirst-half net profit up 69.5% year-on-year, beating expectations.
