Rongtai Shares released its 2026 interim report. First-half net profit attributable to the parent was 87.81 million yuan, down 10.1% year on year. Operating revenue was 1.87 billion yuan, up 39.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 78.67 million yuan, down 6.9% year on year. Net operating cash flow was 274 million yuan, up 49.1% year on year. Earnings per share were 0.3078 yuan. In the second quarter, operating revenue was 968 million yuan, up 42.8% year on year. Net profit attributable to the parent was 43.14 million yuan, down 12.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 40.33 million yuan, up 1.3% year on year. As of the end of the second quarter, total assets were 6.601 billion yuan, up 1.0% from the end of the previous year. Net assets attributable to the parent were 3.828 billion yuan, up 1.0% from the end of the previous year. The company said its traditional main business grew steadily, while new energy vehicle and high-end component businesses developed rapidly. Production and sales of electric power steering gear housings hit a record high, and the company successfully entered the supply system of South Korea's Hyundai.
Jiangsu Rongtai Industry Co. Ltd.First-half net profit attributable to parent fell 10.1% year on year to 87.81 million yuan.
