Yantai Yatong Precision Mechanical Corp. AFirst-half net profit up 35.2% and revenue up 23.2%.
Yatong Precision released its 2026 interim report, showing first-half net profit attributable to the parent of 71.32 million yuan, up 35.2% year on year. Operating revenue was 1.021 billion yuan, up 23.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 70.07 million yuan, up 58.3% year on year. Net operating cash flow was 57.38 million yuan, and earnings per share were 0.59 yuan. In the second quarter, operating revenue was 516 million yuan, up 27.0% year on year, and net profit attributable to the parent was 21.38 million yuan, up 23.8% year on year. As of the end of the second quarter, total assets were 4.447 billion yuan, up 7.6% from the end of the previous year, and net assets attributable to the parent were 2.243 billion yuan, up 2.3% from the end of the previous year. During the reporting period, both the commercial vehicle parts business and the passenger vehicle parts business achieved growth of more than 20%, with the commercial vehicle parts business benefiting from increased production and sales at core customer Sinotruk. Revenue from the mining auxiliary transport equipment segment rose 23.7% year on year, mainly because the company secured multiple large orders for specialised mining services, with the largest single order amounting to 860 million yuan.
Yantai Yatong Precision Mechanical Corp. AFirst-half net profit up 35.2% and revenue up 23.2%.
Sinotruk Jinan Truck Co LtdCommercial vehicle parts business benefits from increased production and sales at core customer Sinotruk.