Harmony Auto Reports Narrowed Interim Loss, Revenue Surges 26%

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Harmony Auto (03836) has posted its results for the six months ended June 30, 2026, with revenue climbing 26.07% year-on-year to RMB 12.149 billion. The company's shareholders' attributable loss narrowed by 14.42% to RMB 10.095 million, translating to a basic loss per share of RMB 0.007.

The group delivered robust operational performance in the first half of 2026, with total vehicle sales reaching 51,674 units. This marks a substantial 68.5% surge year-on-year, significantly outpacing the broader market's growth rate and underscoring the successful execution of its strategic initiatives. Hong Kong and overseas markets emerged as primary growth engines, contributing 40,183 units or 77.8% of total sales, while the mainland China market saw volumes decline to 11,491 units, accounting for 22.2% of the total. Notably, the company achieved a turnaround to profitability at the net level, recording a net profit of RMB 16.3 million against a net loss of RMB 10.6 million in the corresponding period of 2025.

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