Victory Precision first-half loss widens to 197 million yuan

Earnings
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Victory Precision released its 2026 half-year report, with net profit attributable to the parent company widening to a loss of 197 million yuan, compared with a loss of 42.41 million yuan in the same period last year. The company's first-half operating revenue was 1.78 billion yuan, up 4.6 percent year on year, of which consumer electronics business revenue was 1.092 billion yuan, down 6.66 percent year on year, and auto parts business revenue was 624 million yuan, up 22.63 percent year on year. Second-quarter net profit attributable to the parent company was a loss of 121 million yuan, further widening from a loss of 18.63 million yuan in the same period last year. As of the end of the second quarter, the company's net assets attributable to the parent company were 1.525 billion yuan, down 11.0 percent from the end of the previous year.

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