CALB Anticipates Up to 110% Surge in Net Profit for First Half of 2026

Stock News08-14

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment