King Long Motor expects first-half 2026 net profit attributable to the parent to rise 137.44% year-on-year

Earnings
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King Long Motor disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be 276 million yuan, a year-on-year increase of 137.44 percent. Deducted non-recurring net profit is expected to be 205 million yuan. The company said the earnings growth was mainly due to steady growth in overseas markets, with export business revenue and its proportion rising. In addition, gains from assets entrusted to others for investment or management, government grants recognised in profit or loss for the period, and the reversal of impairment provisions for receivables tested individually for impairment decreased compared with the same period last year, also affecting performance. Based on the closing price on 14 July, King Long Motor's price-to-earnings ratio is about 12.08 times, price-to-book ratio is about 2.09 times, and price-to-sales ratio is about 0.3 times.

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