Shenglong Shares released its 2026 half-year report, showing a net profit attributable to the parent company of 14.02 million yuan for the first half, turning from a loss to a profit year-on-year. The company's operating revenue was 787 million yuan, down 5.5 percent year-on-year. Net profit attributable to the parent company excluding non-recurring items was 4.18 million yuan, compared with a loss of 65.33 million yuan in the same period last year. In the second quarter, the net loss attributable to the parent company was 4.85 million yuan, narrower than the 24.2 million yuan loss in the same period last year. The company said that by integrating internal resources, focusing on key projects, and optimizing cost controls, it achieved a turnaround from loss to profit amid weak consumption in the domestic auto market.
Ningbo Shenglong Automotive Powertrain System Co LtdFirst-half net profit turned to 14.02 million yuan from a loss, though revenue declined.
