INTCO Medical, a leading global manufacturer of disposable gloves, reported revenue of RMB 6.91 billion for the first half of 2026, up 40.61% year over year, with net profit attributable to shareholders rising 17.86% to RMB 837.3 million. Adjusted net profit, excluding nonrecurring gains, surged 165.00% to RMB 1.06 billion. By the end of the period, the company's annualized production capacity for disposable gloves reached 107 billion pieces, comprising 74 billion nitrile gloves and 33 billion vinyl gloves, reinforcing its position as the world's largest producer. The company highlighted its integrated value chain, including controlling interests in nitrile latex manufacturers, to secure raw materials and mitigate crude oil price fluctuations. R&D expenses increased 20.62% to RMB 245.9 million, supporting new products like Syntex™ Synthetic Latex Gloves and Synmax Pro Exam Gloves, while smart manufacturing maintained a product yield above 99%.
Intuitive Surgical IncShandong Intco Medical Products Co LtdH1 2026 revenue up 40.61% and adjusted net profit up 165% with capacity expanded to 107 billion gloves
