Far East Transmission released its 2026 interim report. First-half net profit attributable to the parent reached 101 million yuan, up 83.8% year on year. Operating revenue was 905 million yuan, up 25.9% year on year. Net profit attributable to the parent after deducting non-recurring items was 82.9 million yuan, up 102.9% year on year. Net operating cash flow was 110 million yuan, up 710.1% year on year. Second-quarter operating revenue was 502 million yuan, up 31.6% year on year, and net profit attributable to the parent was 55.5 million yuan, up 111.0% year on year. The company mainly engages in the research, development, production and sales of non-constant velocity drive shafts, constant velocity drive shafts and related components, and its market share in the drive shaft industry remains firmly in first place.
Xuchang Yuandong Drive Shaft Co LtdFirst-half net profit up 83.8% and revenue up 25.9% year on year.
