Zhongtong Bus released its 2026 half-year report, with first-half net profit attributable to the parent at 283 million yuan, up 48.5% year on year. Operating revenue was 4.014 billion yuan, up 1.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 203 million yuan, up 15.9% year on year. Net operating cash flow was 1.548 billion yuan, up 1,800.9% year on year. Earnings per share were 0.484 yuan. In the second quarter, operating revenue was 2.23 billion yuan, down 0.7% year on year, while net profit attributable to the parent was 183 million yuan, up 60.9% year on year. As of the end of the second quarter, total assets were 10.124 billion yuan, up 2.5% from the end of the previous year, and net assets attributable to the parent were 3.378 billion yuan, up 7.6% from the end of the previous year. During the reporting period, the company sold a total of 7,600 buses, up 30.16% year on year. Supported by subsidy policies for new energy buses and power battery replacements, the public bus segment achieved growth, while the tourist bus market underwent adjustment, with demand shifting toward high-end and customized products.
Zhongtong Bus Holding Co LtdNet profit attributable to parent rose 48.5% to 283 million yuan, with strong cash flow and EPS growth.
