Jiangsu General Science TechCompany forecasts 114.66%-176.88% net profit growth for H1 2026, driven by capacity release and margin improvement.

General Shares has released its earnings forecast, expecting to achieve an attributable net profit of 138 million yuan to 178 million yuan in the first half of 2026, representing a year-on-year increase of 114.66% to 176.88%. After deducting non-recurring items, attributable net profit is expected to be 137 million yuan to 177 million yuan, a year-on-year increase of 176.51% to 257.24%. The company stated that the profit growth is mainly due to the release of high-quality production capacity at overseas manufacturing bases, the ramp-up and efficiency gains of the Cambodia Phase II project, and a significant increase in tire production and sales, which drove up gross margins and improved the profitability of the main business. In the first quarter of 2026, General Shares achieved revenue of 2.137 billion yuan and an attributable net profit of 127 million yuan.
Jiangsu General Science TechCompany forecasts 114.66%-176.88% net profit growth for H1 2026, driven by capacity release and margin improvement.