Yongda Co. disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 1.063 billion yuan, up 4.06% year on year, but net profit attributable to the parent company was only 3.4789 million yuan, a sharp year-on-year decline of 94.01%. Net profit after deducting non-recurring items was 1.3066 million yuan, down 96.51% year on year, while net cash flow from operating activities was 77.2184 million yuan, up 314.15% year on year. During the reporting period, basic earnings per share were 0.0145 yuan, and the weighted average return on equity was 0.26%, down 4.09 percentage points year on year. The company's main business is the research, development, production and sales of metal structural parts for large special-purpose equipment and high-speed heavy-duty gear forgings.
Xiangtan Yongda Mach Mnfg CoNet profit down 94.01% year-on-year, a sharp decline in earnings.
