Haers released its 2026 interim report, showing first-half net profit attributable to the parent of 48.87 million yuan, down 46.5% year on year. Operating revenue was 1.77 billion yuan, up 12.8% year on year, while net profit attributable to the parent excluding non-recurring items was 46.44 million yuan, down 48.3% year on year. The company said finance expenses rose 829.88% compared with the same period last year, mainly due to higher exchange losses caused by fluctuations in the US dollar exchange rate. Affected by the phased appreciation of the renminbi against the US dollar, export gross margins came under corresponding pressure. As of the end of the second quarter, total assets were 4.353 billion yuan, up 9.0% from the end of the previous year, and net assets attributable to the parent were 2.392 billion yuan, up 43.7% from the end of the previous year. On June 29, Haers announced that Lyu Lizhen and Ouyang Bo, persons acting in concert with controlling shareholder Lyu Qiang, and some senior managers planned to increase their holdings of company shares within six months, with a combined amount of no less than 5 million yuan and no more than 10 million yuan.
ZheJiang Haers Vacuum Containers Co LtdFirst-half net profit fell 46.5% due to higher exchange losses and margin pressure.
