CALB Shares Surge Over 5% in Morning Session, First Half Net Profit Expected to Jump 100% to 110%

Deep News09:40

CALB (03931) shares experienced a strong rally in early trading, rising more than 5%. As of press time, the stock was trading at HK$20.68, representing a gain of 5.03%, with a turnover of HK$38.398 million.

On the evening of August 14, CALB released a positive profit alert for its 2026 interim results, forecasting a net profit of approximately RMB 1.506 billion to RMB 1.581 billion for the first half of the year. This marks a year-on-year increase of roughly 100% to 110%. In the same period last year, the group's net profit stood at around RMB 753 million.

The board of directors attributed the profit surge to the expansion of new customers, the development of new application scenarios, and the continued scaling of new products across passenger cars, commercial vehicles, and energy storage sectors, driving sustained business growth.

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