Pulaide's 2026 half-year report: revenue up nearly 30%, but profit fails to keep pace

Earnings

โดย 蓝鲸财经·

Summary · why it matters

Pulaide released its 2026 interim report, with operating revenue of 595 million yuan, up 29.21% year on year, but net profit attributable to the parent company was 38 million yuan, down 16.97% year on year, showing revenue growth without profit growth. The company said the profit decline was mainly affected by amortization of share-based payment expenses and exchange losses from fluctuations in the US dollar against the renminbi, with financial expenses turning from a negative 3.92 million yuan in the same period last year to 8.38 million yuan. Excluding the impact of share-based payments and exchange gains and losses, net profit attributable to the parent company grew 10.82% year on year. Power tool business revenue was 529 million yuan, up 26.24% year on year, with a gross margin of 26.05%, down slightly by 1.37 percentage points year on year; tool accessories business revenue was 35 million yuan, a sharp year-on-year increase of 105.80%. The company is deeply tied to international leading customers such as Stanley Black & Decker, Bosch, and Makita, and has signed a five-year strategic cooperation agreement worth over 700 million yuan with a European lithium battery benchmark enterprise. Revenue of the acquired and integrated Batavia B.V. grew nearly 90% year on year.

Zhejiang Prulde Electric Appliance Co. Ltd. A ▼