Yatong Shares issued an announcement, expecting to achieve an attributable net profit of 16.5 million to 19.8 million yuan in the first half of 2026, turning losses into gains compared with the same period last year. After deducting non-recurring gains and losses, the attributable net profit is expected to be 15 million to 18.3 million yuan. The expected profit for this period is mainly due to the concentrated delivery of 850 units of the Changxing Island Plot 38 expropriation resettlement housing project in the first half of 2026, achieving a profit of approximately 50 million yuan, an increase of about 45.5 million yuan compared with the same period last year. In addition, non-recurring gains and losses during the reporting period were approximately 1.5 million yuan, an increase of about 0.87 million yuan compared with the same period last year. In the first quarter of 2026, Yatong Shares achieved revenue of 258 million yuan and an attributable net profit of 1.75 million yuan.
Shang Hai Ya Tong Co LtdExpects to turn losses into gains in H1 2026 due to profit from concentrated delivery of a resettlement housing project.