Zhongtong Bus disclosed its earnings forecast, projecting net profit attributable to the parent for the first half of 2026 at 260 million yuan to 310 million yuan, representing a year-on-year increase of 36.56% to 62.82%. Deducted non-recurring net profit is expected to be 193 million yuan to 230 million yuan, up 9.97% to 31.06% year-on-year. Basic earnings per share are estimated at 0.45 yuan to 0.53 yuan. The company stated that the profit growth is mainly driven by a significant increase in delivery volumes for both domestic and overseas orders, as well as measures such as sales mix adjustments, product upgrades, and cost reduction and efficiency improvements, which have enhanced profitability. In addition, the impact of certain land reserves on net profit amounts to approximately 56.82 million yuan.
Zhongtong Bus Holding Co LtdCompany forecasts 36.56%-62.82% net profit growth for H1 2026, driven by higher deliveries and cost improvements.