ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTDCompany reports 33.7% net profit growth and higher revenue, indicating strong financial performance.

Yatai Automotive has disclosed its semi-annual report for 2026. In the first half of the year, net profit attributable to the parent company reached 268 million yuan, an increase of 33.70 percent year on year. Total operating revenue for the same period was 2.759 billion yuan, up 6.06 percent. Net profit after deducting non-recurring items was 246 million yuan, up 34.54 percent. Net cash flow from operating activities was 383 million yuan, down 2.70 percent. Basic earnings per share during the reporting period were 0.36 yuan, and the weighted average return on equity was 7.70 percent. The company focuses on the research, development, production and sales of automotive foundation braking systems, chassis electronic intelligent control systems, in-wheel motors and brake-by-wire chassis.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTDCompany reports 33.7% net profit growth and higher revenue, indicating strong financial performance.