Weichai Power released its 2026 interim report, with first-half net profit attributable to the parent of 7.7 billion yuan, up 36.5% year on year. Operating revenue was 123.16 billion yuan, up 8.9% year on year. Net profit attributable to the parent after deducting non-recurring items was 6.12 billion yuan, up 18.9% year on year. Net operating cash flow was 11.349 billion yuan, up 66.0% year on year. In the second quarter, operating revenue was 60.6 billion yuan, up 8.8% year on year, and net profit attributable to the parent was 4.62 billion yuan, up 57.4% year on year. As of the end of the second quarter, total assets were 380.164 billion yuan, up 3.5% from the end of the previous year, and net assets attributable to the parent were 96.102 billion yuan, up 3.1% from the end of the previous year. The company said its powertrain, commercial vehicle, agricultural equipment, smart logistics, and electric power and energy business segments developed in coordination, with new energy heavy truck sales up 45% year on year.
Weichai Power Co Ltd Class AFirst-half net profit up 36.5% and operating cash flow up 66% beat expectations.
