GUOXIA TECH Reports Interim Results with 986% Surge in Shareholder Profit to 60.5 Million Yuan

Deep News
08/21

GUOXIA TECH (02655) has unveiled its financial results for the six-month period ending June 30, 2026, showcasing a robust performance with total revenue reaching RMB 1.4274 billion, a substantial increase of 106.5% compared to the prior period.

Breaking down the revenue streams, domestic business contributed approximately RMB 1.1399 billion, reflecting a growth of 101.7% year-on-year, while overseas operations generated around RMB 287.5 million, marking an impressive surge of 127.9%. The overall gross margin stood at 19.2%, up 6.7 percentage points from the previous period, indicating a simultaneous improvement in both profitability and operational efficiency.

Profit attributable to owners of the parent company soared to RMB 60.547 million, a remarkable 986% increase from the prior year, with basic earnings per share reaching RMB 0.12. During the reporting period, the group's domestic energy storage system shipments totaled 3.7 GWh, up 105.6% from the prior period, further underscoring the growing benefits of scale economies.

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