YTO Group first-half net profit attributable to parent 782 million yuan, up 1.7% year on year

Earnings
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YTO Group released its 2026 half-year report. First-half net profit attributable to the parent was 782 million yuan, up 1.7% year on year. Operating revenue was 7.89 billion yuan, up 13.8% year on year. Net profit attributable to the parent excluding non-recurring items was 853 million yuan, up 23.4% year on year. Net operating cash flow was 1.061 billion yuan, up 167.3% year on year. Second-quarter operating revenue was 3.22 billion yuan, up 35.7% year on year, while net profit attributable to the parent was 220 million yuan, down 8.2% year on year. The company continued to focus on agricultural machinery and equipment manufacturing services, with tractor sales volume up 17.05% year on year.

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First Tractor Co Ltd
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First-half net profit attributable to parent rose 1.7% year on year, with operating revenue up 13.8% and net cash flow up 167.3%.