China High Speed Transmission Reports Interim Profit Turnaround with RMB 32.94 Million Attributable Earnings

Stock News
08/27

China High Speed Transmission (00658) has released its interim results for the six months ended June 30, 2026, revealing a notable financial turnaround. The group reported customer contract revenue of RMB 7.519 billion, reflecting a year-on-year decline of 24.6%, while profit attributable to owners of the company reached RMB 32.94 million, successfully reversing the loss recorded in the prior corresponding period. Earnings per share stood at RMB 0.02.

The company attributed the drop in sales revenue primarily to reduced deliveries of wind power gear transmission equipment, alongside a strategic shift toward supplying higher-margin and technologically advanced products. This deliberate transition, although impacting top-line figures, has contributed to the improved profitability metrics during the reporting period.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10