Zhejiang Orient Holdings Anticipates Significant First-Half Profit Surge, Exceeding 114% Growth

Stock News07-06

Zhejiang Orient Holdings Group Co.,Ltd. (600120.SH) has issued a positive profit forecast for the first half of 2026.

The company projects that its net profit attributable to shareholders will reach approximately 872 million yuan, representing a significant increase of about 465 million yuan, or roughly 114.25%, compared to the same period last year.

During the reporting period, the company's overall operational performance remained stable and showed positive momentum.

The substantial year-on-year increase in net profit is primarily attributed to a marked improvement in the profitability of its financial and quasi-financial businesses, including insurance, futures, and financial leasing operations.

Additionally, the floating gains from the company's financial assets held for trading saw a considerable rise compared to the previous year.

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