Guangzhou Tongda Auto Electric Co Ltd603390
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Net profit up 128.84% and dividend announced

Tongda Electric disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 399 million yuan, down 5.28% year-on-year. Net profit attributable to shareholders of the listed company was 72.6186 million yuan, up 128.84% year-on-year. Basic earnings per share were 0.21 yuan. The company plans to distribute a cash dividend of 1 yuan, tax included, for every 10 shares. During the reporting period, affected by factors such as demand adjustments in downstream market segments and the company's continuous product optimization and enhanced overall profitability, operating revenue came under pressure, but overall operating results still showed a positive development trend.
Guangzhou Tongda Auto Electric Co LtdNet profit up 128.84% and dividend announced