Turbine Technology released its 2026 semi-annual report, with first-half operating revenue of 2.881 billion yuan, up 14.23% year on year, and net profit attributable to the parent of 254 million yuan, up 64.54% year on year. The company also proposed an interim dividend of 0.5 yuan per 10 shares. Its self-developed gas turbine prototype completed a 72+24 hour full-load assessment and now meets conditions for commercial delivery, while the 90-megawatt heavy-duty gas turbine has entered the detailed design stage. In the market, the Ningxia Baofeng 120,000 air separation project set a new record for the company's largest power output, steam turbines for the Sino-Saudi Gulei ethylene three-machine project were successfully put into operation, and a 25-megawatt power station EPC project in the Democratic Republic of the Congo was delivered and brought online. The company obtained qualified supplier certification from key users in the Middle East, Latin America, and North Africa, with overseas orders covering more than ten countries. First-half gross margin rose to 28.35%, and operating cash flow turned positive to 197 million yuan.
Shenzhen Hirisun Technology IncFirst-half net profit surged 64.54% with strong revenue growth and improved margins.
