Dayang Electric H1 Net Profit Falls 30.51% to RMB418 Million; Plans RMB0.89 Dividend per 10 Shares
Dayang Electric has released its 2026 semi-annual report, posting a net profit attributable to shareholders of RMB418 million for the first half, a decline of 30.51% year-on-year. Revenue came in at RMB6.18 billion, down 0.98%. Basic earnings per share stood at RMB0.17. The company plans to distribute a cash dividend of RMB0.89 per 10 shares (including tax). The earnings decline was driven by industry downturn and cost pressures, which squeezed profitability.
Dayang Electric disclosed its 2026 semi-annual report. In the first half, the company achieved operating revenue of RMB6.18 billion, down 0.98% year-on-year; net profit attributable to shareholders of the listed company was RMB418 million, down 30.51% year-on-year; basic earnings per share was RMB0.17. The company plans to distribute a cash dividend of RMB0.89 per 10 shares (including tax) to all shareholders. During the reporting period, affected by multiple factors such as industry downturn and cost pressure, the company's profitability was somewhat squeezed, and the profit decline was relatively significant.