CALB (03931) has issued a profit alert, projecting a significant increase in its financial performance for the first half of 2026.
The company expects to report a net profit ranging from approximately RMB 1.506 billion to RMB 1.581 billion for the six months ending June 30, 2026. This represents a sharp rise of about 100% to 110% compared to the same period last year, when the net profit stood at roughly RMB 753 million.
The board attributed the anticipated profit surge to the group's successful expansion into new customer segments and application scenarios. Additionally, the increased volume of new products delivered across passenger vehicles, commercial vehicles, and energy storage sectors has driven sustained business growth.
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