Zhongrong Electric expects first-half net profit attributable to parent to rise 46.91% to 68.73% year-on-year

Earnings

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Zhongrong Electric issued an earnings forecast, expecting net profit attributable to shareholders of the listed company in the first half of 2026 to be between 202 million and 232 million yuan, representing a year-on-year increase of 46.91% to 68.73%. The company stated that the profit growth was mainly due to strengthened R&D investment, product mix adjustments, process optimization to reduce costs and improve efficiency, and the formulation of differentiated marketing strategies, driving sustained growth in sales revenue and profit.

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Xi'an Sinofuse Electric Co. Ltd.

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Zhongrong Electric expects first-half net profit attributable to parent to rise 46.91% to 68.73% year-on-year

Impact on stocks 1

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