Sichuan Changhong Reports 2026 Interim Results, Net Profit Surges 228.62%
Sichuan Changhong released its 2026 interim report, posting revenue of RMB 58.274 billion, up 2.77% year on year. Net profit attributable to shareholders jumped 228.62% to RMB 1.646 billion, with basic earnings per share of RMB 0.3576. The sharp profit increase was driven by a significant rise in non-recurring gains, mainly from higher fair-value income linked to share-price movements of investee Huafeng Technology.
Sichuan Changhong disclosed its semi-annual report for 2026. During the reporting period, the company achieved operating revenue of RMB 58.274 billion, up 2.77% year on year. Net profit attributable to shareholders of the listed company reached RMB 1.646 billion, a year-on-year increase of 228.62%. Basic earnings per share stood at RMB 0.3576.
The announcement stated that the substantial increase in net profit attributable to shareholders, compared with the same period in 2025, was mainly due to a notable rise in non-recurring gains and losses. This was driven by an increase in fair-value gains resulting from share-price fluctuations of the investee company Huafeng Technology.