Piotech Inc. Reports Strong Half-Year Results with Net Profit Soaring 1,324%

Stock News08-20

Piotech Inc. (688072.SH) has unveiled its financial performance for the first half of 2026, showcasing remarkable growth across key metrics. The company recorded operating revenue of RMB 2.913 billion during the reporting period, reflecting a year-on-year increase of 49.06%.

Net profit attributable to shareholders of the listed company surged to RMB 1.343 billion, marking an extraordinary 1,324.10% jump compared to the same period last year. Additionally, net profit excluding non-recurring gains and losses reached RMB 367 million, up 861.92% year-on-year.

Basic earnings per share stood at RMB 4.77. In line with its shareholder return policy, the company has proposed a cash dividend of RMB 3.50 per 10 shares (tax inclusive) for all shareholders.

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