Kangli International Holdings Expects Up to 40 Million Yuan in Net Profit for First Half

Stock News08-07

Kangli International Holdings (06890) has announced that the group anticipates recording a net profit of no more than 40 million yuan for the six months ending June 30, 2026, compared to a net profit of approximately 10.373 million yuan for the same period in 2025.

The board attributes this positive shift primarily to an increase in product sales volume and gross profit margin during the period. The improvement in gross profit margin is mainly driven by two factors: (1) higher product sales volume has boosted capacity utilization, leading to lower overall production costs; and (2) the decline in the average selling price of products has been smaller than the drop in the average price of raw materials.

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