Tiandeyu H1 2026 Net Profit Down 9.42%; Q2 Profit Rebounds 99.79% QoQ
Tiandeyu reported H1 2026 revenue of RMB 1.205 billion, down 0.22% year-on-year, and net profit attributable to parent shareholders of RMB 138 million, down 9.42%, with basic EPS of RMB 0.34. In the second quarter alone, net profit attributable to parent shareholders reached RMB 91.98 million, up 99.79% quarter-on-quarter and 12.44% year-on-year. The company attributed the improvement to recovering order demand, higher revenue, and a rebound in prices of certain products from first-quarter levels.
Tiandeyu released its H1 2026 performance report. In the first half, the company achieved total operating revenue of RMB 1.205 billion, down 0.22% year-on-year. Net profit attributable to parent shareholders stood at RMB 138 million, down 9.42% year-on-year, with basic earnings per share of RMB 0.34.
In the second quarter alone, net profit attributable to parent shareholders reached RMB 91.98 million, up 99.79% quarter-on-quarter and 12.44% year-on-year. The company said the profit increase was mainly driven by recovering order demand, higher operating revenue, and a rebound in prices of certain products from first-quarter levels.
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