Faraday Electronics first-half net profit attributable to parent 582 million yuan, up 2.2% year on year

Earnings
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Faraday Electronics released its 2026 interim report. First-half net profit attributable to the parent company was 582 million yuan, up 2.2% year on year. Operating revenue was 2.76 billion yuan, up 10.6% year on year. Net profit attributable to the parent after deducting non-recurring items was 573 million yuan, up 3.1% year on year. Net operating cash flow was 825 million yuan, down 4.1% year on year. Second-quarter operating revenue was 1.48 billion yuan, up 14.2% year on year, and net profit attributable to the parent was 314 million yuan, up 3.0% year on year. As of the end of the second quarter, total assets were 8.585 billion yuan, down 1.6% from the end of the previous year, and net assets attributable to the parent were 6.094 billion yuan, up 1.1% from the end of the previous year.

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