Grandtop Yongxing Group Co.,LtdFirst-half net profit up 13.24% year on year, beating expectations.

Yongxing Co., Ltd. disclosed its 2026 semi-annual report on August 26. In the first half, total operating revenue reached 2.253 billion yuan, up 9.10% year on year. Net profit attributable to the parent company was 522 million yuan, up 13.24% year on year. Net profit after deducting non-recurring items was 506 million yuan, up 14.85% year on year. Net cash flow from operating activities was 948 million yuan, up 2.40% year on year. Basic earnings per share were 0.58 yuan, and the weighted average return on equity was 4.76%, up 0.38 percentage points year on year. The company focuses on the environmental governance industry, with core businesses covering waste-to-energy incineration and integrated biomass treatment, and has expanded into areas such as thermal energy supply and medical waste treatment. As of the end of the first half, cash and cash equivalents increased by 45.67% compared with the end of the previous year, and bonds payable accounted for 3.17% of the company's total assets, compared with zero at the end of the previous year.
Grandtop Yongxing Group Co.,LtdFirst-half net profit up 13.24% year on year, beating expectations.