ContiOcean projects RMB17–23 million net profit for H1 2026, marking a 1.79–2.77× YoY surge

Bulletin Express07-22 17:42

ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) issued a positive profit alert, indicating that preliminary estimates point to a net profit of approximately RMB17.00 million to RMB23.00 million for the six months ended 30 June 2026. This represents a year-on-year increase of about 178.7% to 277.0% versus the RMB6.10 million recorded in the 2025 interim period.

Management attributes the sharp earnings expansion to two factors: 1. Revenue contribution from newly launched products—specifically shaft generator systems and plate heat exchangers—booked during the reporting period. 2. Delivery of several long-cycle orders that had been postponed in 2025 and were completed in the first half of 2026.

The interim results remain unaudited and subject to finalisation. ContiOcean plans to publish its full unaudited interim financial statements by the end of August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities until the detailed results are released.

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