General Science Technology released its 2026 interim report, showing first-half net profit attributable to the parent rose 114.8% year on year to 138 million yuan, while operating revenue reached 4.45 billion yuan, up 11.2% from a year earlier. In the second quarter, operating revenue was 2.31 billion yuan, up 23.0% year on year, and net profit attributable to the parent swung from a loss of 38.38 million yuan in the same period last year to a profit of 11.58 million yuan. As of the end of the second quarter, total assets stood at 14.347 billion yuan, down 5.1% from the end of the previous year, and net assets attributable to the parent were 6.011 billion yuan, down 3.5% from the end of the previous year. The company said that during the reporting period it accelerated its international expansion, steadily released high-quality production capacity at overseas manufacturing bases, achieved substantial growth in tire production and sales, improved gross margin, and saw net operating cash flow rise significantly to 841 million yuan, up 3964.3% year on year.
Jiangsu General Science TechFirst-half net profit attributable to parent rose 114.8% year on year to 138 million yuan, with improved gross margin and significant cash flow growth.
