Noblelift Equipment released its 2026 half-year report. Net profit attributable to the parent in the first half was 142 million yuan, down 42.3% year on year. Operating revenue was 3.41 billion yuan, up 6.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 171 million yuan, down 21.5% year on year. Net operating cash flow was negative 246 million yuan, down 526.0% year on year. Earnings per share were 0.5507 yuan. In the second quarter, operating revenue was 1.79 billion yuan, up 13.4% year on year. Net profit attributable to the parent was 67.17 million yuan, down 45.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 90.7 million yuan, down 19.0% year on year. As of the end of the second quarter, total assets were 9.952 billion yuan, up 4.5% from the end of the previous year. Net assets attributable to the parent were 3.096 billion yuan, down 2.4% from the end of the previous year. The company said its operations remained steady, with continued progress in intelligent manufacturing equipment and smart logistics systems, while further deepening its electrification, intelligentization, and globalization strategy.
Zhejiang Noblelift EquipFirst-half net profit attributable to parent fell 42.3% year on year, with operating cash flow deeply negative.
