Shenchi Electromechanical first-half net profit attributable to parent 65.13 million yuan, down 44.65% year on year

Earnings
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Shenchi Electromechanical released its 2026 interim report. First-half net profit attributable to the parent was 65.13 million yuan, down 44.65% year on year. Operating revenue was 1.64 billion yuan, up 6.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 66.28 million yuan, down 44.9% year on year. Net operating cash flow was 109 million yuan, up 205.7% year on year. Second-quarter net profit attributable to the parent was 41.91 million yuan, down 12.9% year on year. The company said the decline in net profit was mainly affected by rising raw material prices and exchange losses.

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