Wolong Electric Drive First-Half 2026 Net Profit Falls 34.55% to RMB352 Million
Wolong Electric Drive reported a 34.55% year-on-year decline in net profit attributable to shareholders for the first half of 2026, reaching RMB352 million. Revenue fell 7.02% to RMB7.467 billion, according to the company's interim report.
Wolong Electric Drive released its interim report for the first half of 2026. During the reporting period, the company achieved operating revenue of RMB7.467 billion, down 7.02% year on year. Net profit attributable to shareholders of the listed company stood at RMB352 million, a decrease of 34.55% compared with the same period last year.