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Shenglong Shares: Forecast net profit for the first half of 2026 of between $12.15 million and $16.35 million

K-LinePoet
Shenglong Co., Ltd. announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 12.15 million and RMB 16.35 million, turning from loss to profit compared with the same period last year. In the same period last year, net profit attributable to shareholders of the listed company was -RMB 55.1412 million. During the reporting period, after the new plant in North America completed relocation, operations fully resumed to normal. The operating performance of overseas subsidiaries stabilized and rebounded, effectively improving overall profitability. At the same time, the company continued to further deepen internal management, strictly control various expense expenditures, and achieve significant cost reduction and efficiency gains, further increasing the company’s profits.
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