Sentury Tire released its 2026 interim report. Net profit attributable to the parent in the first half was 420 million yuan, down 37.5% year on year. Operating revenue was 4.42 billion yuan, up 7.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 403 million yuan, down 39.6% year on year. Net operating cash flow was 452 million yuan, up 1,657.0% year on year. Second-quarter operating revenue was 2.34 billion yuan, up 13.4% year on year, while net profit attributable to the parent was 210 million yuan, down 32.3% year on year. The company said the operating environment faces challenges from geopolitical factors and raw material price fluctuations, but tire output and sales volume rose 10.03% and 11.89% year on year respectively, and construction of its Morocco plant made significant progress.
Qingdao Sentury Tire Co LtdNet profit attributable to parent fell 37.5% year on year in H1 2026.
