Weihai Guangtai released its 2026 semi-annual report. In the first half, revenue reached 1.697 billion yuan, up 19.13% year on year, and net profit attributable to the parent came to 159 million yuan, a sharp increase of 90.62%. Among this, the airport ground support equipment business, as the company's core segment, achieved revenue of 1.213 billion yuan, up 33.92% year on year, with gross margin rising to 33.92%, an increase of 2.31 percentage points from 2025. Overseas markets became a growth highlight. In the first half, overseas sales revenue exceeded 580 million yuan, up more than 50% year on year. The Asia-Pacific market accounted for about 50% of revenue and the European market about 20%. Overseas gross margin reached 46.29%, up 6.08 percentage points year on year. The company deepened cooperation with leading global ground handling groups such as Swissport and Menzies, and signed a long-term agreement with Singapore's SATS. Meanwhile, research and development expenses reached 83.8863 million yuan, up 34.48% year on year, and the world's first airside electric vehicle battery-swap station has been delivered to Chongqing Airport.
Weihai Guangtai Airport Equipment Co LtdNet profit attributable to parent surged 90.62% in H1 2026, with revenue up 19.13%.
