Sinomach Automobile released its 2026 half-year report, with first-half net profit attributable to the parent reaching 258 million yuan, up 21.1% year on year. Operating revenue was 15.362 billion yuan, down 8.71% year on year. Net profit attributable to the parent excluding non-recurring items was 252 million yuan, up 24.5% year on year. Net operating cash flow was negative 462 million yuan, down 113.5% year on year. Second-quarter net profit attributable to the parent was 132 million yuan, up 66.7% year on year. The company said the domestic auto market faces downward pressure, but the penetration rate of new energy vehicles reached 49.6%, and auto export services, especially new energy vehicle exports, achieved significant growth.
Sinomach Automobile Co LtdFirst-half net profit attributable to parent rose 21.1% to 258 million yuan, with Q2 profit up 66.7%.
