Yinbang Clad Material released its 2026 semi-annual report, achieving operating revenue of 4.27 billion yuan, up 49.1% year on year. Net profit attributable to shareholders of the listed company was 88.538 million yuan, up 95.08% year on year. The profit growth was mainly due to higher sales volume driving higher sales revenue. The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserve into share capital. Notably, the company's second-quarter net profit was 34 million yuan, compared with 55 million yuan in the first quarter, implying a quarter-on-quarter decline of 38% in second-quarter net profit.
Yinbang Clad MaterialNet profit up 95.08% year on year on higher sales volume, though Q2 profit fell 38% QoQ.
