FAW Jiefang announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 270 million and 320 million yuan, representing a year-on-year increase of 1,274% to 1,528%. The company has driven sales growth by continuously optimizing its product mix, deepening its overseas market presence, and fully tapping the value of end-to-end services. At the same time, it has strengthened lean operations and strictly controlled costs and expenses, steadily boosting profitability. Through coordinated efforts across products, overseas markets, services, and costs, the company has simultaneously enhanced its operational resilience and quality, leading to a substantial year-on-year jump in net profit. Net profit for the second quarter is expected to be between 171 million and 221 million yuan, up 71% to 122% quarter-on-quarter from 99 million yuan in the first quarter.
Faw Car Co LtdCompany forecasts net profit surge of 1,274%-1,528% YoY for H1 2026, driven by product mix, overseas expansion, and cost control.