Innostar's New Orders in First Half Surge 175.56% Year on Year

Earnings
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Innostar disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 465 million yuan, up 23.92% year on year. Net profit attributable to the parent company was 39.17 million yuan, and net profit after deducting non-recurring items was 32.90 million yuan, turning from loss to profit compared with the same period last year. The company's new orders reached 1.466 billion yuan, up 175.56% year on year. As of the end of the first half, orders in hand stood at 2.247 billion yuan, an increase of 80.09% from the end of 2025. The number of newly signed core business IND and NDA projects rose 33.03% year on year in total, and the value of newly signed overseas contracts increased 38.08% year on year. The company said the improvement in performance was mainly due to a recovery in industry demand, which drove both order volume and prices higher.

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