Kingland Pipeline has released its 2026 interim report, with net profit attributable to the parent company of 85.75 million yuan, up 48.29% from the same period last year. Total operating revenue was 2.055 billion yuan, up 1.76% year on year. Net cash inflow from operating activities was 55.9965 million yuan, an increase of 103 million yuan compared with the same period last year. The latest gross margin was 12.65%, up 2.03 percentage points from a year earlier. The latest return on equity was 2.51%, up 0.83 percentage points from a year earlier. Diluted earnings per share were 0.16 yuan, up 48.33% year on year.
Zhejiang Kingland Pipeline and Technologies Co LtdNet profit up 48.29% year on year, with improved margins and cash flow.