China Shipbuilding Industry Group Power released its first-half 2026 report, achieving operating revenue of 30.842 billion yuan, up 11.54% year on year. Net profit attributable to shareholders of the listed company was 1.312 billion yuan, up 42.74% year on year. The profit growth was mainly driven by continued prosperity in the shipbuilding industry, expanded sales of diesel engine business, increased contract settlement revenue, and improved gross margin for its main product, marine low-speed engines. The company plans to distribute a cash dividend of 0.11569 yuan per 10 shares, tax included. Based on calculations, the company's second-quarter net profit was 724 million yuan, up 23% quarter on quarter.
China Shipbuilding Industry Group Power Co LtdFirst-half net profit up 42.74% on strong shipbuilding demand and improved margins.
