LONKING (03339) jumped more than 6% in morning trading on Monday, reaching an intraday high of HK$3.485 to set a new yearly peak. At the time of writing, the stock was up 4.75% at HK$3.415, with turnover reaching HK$29.7583 million.
On the news front, LONKING released its interim results for 2026, reporting revenue of RMB 6.658 billion, an increase of 18.98% year-on-year. Net profit attributable to shareholders rose 22.37% to RMB 773 million. The profit growth was primarily driven by the group's efforts to develop and refine its product portfolio while continuously expanding both domestic and overseas markets.
During the first half of the year, the company achieved overseas revenue of RMB 1.979 billion, up 21.18% year-on-year, once again setting a new historical best performance. By business segment, the loader business, which serves as the core pillar of revenue and profit, continued to strengthen its market competitiveness. Its sales surged 37.18% year-on-year, with revenue contribution rising to 47.41%, up 6.29 percentage points from 41.12% in the same period of 2025. Meanwhile, the forklift business saw its revenue share drop to 25.37%, primarily due to a decline in sales volume.
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