Hai'an Group released its 2026 semi-annual report on the evening of August 26. In the first half of the year, it achieved operating revenue of 1.117 billion yuan, up 3.47% year-on-year, with net profit attributable to the parent company of 184 million yuan. In the second quarter, operations rebounded notably, with operating revenue of 643 million yuan, up more than 35% quarter-on-quarter, and net profit attributable to the parent company of 131 million yuan, up about 146% quarter-on-quarter. As a leading enterprise in the all-steel giant tire sector, the company's products cover 49-inch to 63-inch all-steel giant engineering radial tires and have deeply served core domestic copper and gold mining projects such as the Tibet Julong Copper Mine and the Jiangxi Dexing Copper Mine. Its business covers China, Russia, Central Asia, Serbia, Africa, Southeast Asia, Oceania, and other countries and regions. The company is also advancing a share repurchase plan, with a repurchase price not exceeding 71.04 yuan per share. Looking ahead to the second half of the year, as phased adverse factors subside, the company's profitability is expected to recover further.
Haian Rubber Grp Co LtdHai'an Group's first-half revenue and net profit rose, with Q2 net profit up 146% QoQ, indicating strong earnings performance.
