Sanlux released its 2026 interim report on August 26. During the reporting period, the company achieved operating revenue of 529 million yuan, up 20.04 percent year on year, but net profit attributable to the parent company was negative 12 million yuan, down 160.90 percent year on year, swinging from profit to loss. Revenue from the company's core rubber V-belt business was 362 million yuan, accounting for 68.44 percent of total revenue and up 12.95 percent year on year, but gross margin fell 11.21 percentage points to 15.75 percent. Revenue from other businesses was 167 million yuan, up 38.96 percent year on year. The decline in performance was mainly dragged down by rising raw material prices, exchange rate fluctuations, and investment in new businesses. Financial expenses turned from negative to positive, with exchange losses increasing by about 22.57 million yuan, and subsidiary Zhejiang Yinjie Power lost about 12 million yuan. Although net cash flow from operating activities rose sharply by 184.72 percent to 51 million yuan, non-recurring net profit fell 208.21 percent, indicating a temporary weakening of the profitability of the main business.
Sanlux Co LtdSanlux swung to a net loss of 12 million yuan in its 2026 interim report, with gross margin down 11.21 percentage points on rising raw material prices and exchange losses.
Subsidiary Zhejiang Yinjie Power lost about 12 million yuan, contributing to the parent's swing to a loss.
