U-PRESID CHINA Posts H1 Profit of RMB 1.402 Billion, Up 8.99% Year-on-Year

Stock News
Aug 05

U-PRESID CHINA (00220) announced its interim results for the first half of 2026, reporting revenue of RMB 17.321 billion, an increase of 1.37% year-on-year. Profit attributable to equity holders of the company reached RMB 1.402 billion, up 8.99% compared to the same period last year, with basic earnings per share of RMB 32.47 cents.

According to the announcement, during the first half of 2026, the global economy continued to operate in a complex and evolving environment. While major economies are gradually recovering amid structural adjustments, geopolitical uncertainties and changes in the external trade environment have posed challenges to the balanced recovery of the global economy. In the People's Republic of China, the macroeconomy is undergoing a critical transition period, shifting from old to new growth drivers and pursuing high-quality development, presenting a dynamic balance characterized by "initial growth followed by a slowdown, with structural divergence." In the first half of 2026, China's gross domestic product (GDP) is estimated to have grown by 4.7% year-on-year, maintaining overall operations within a reasonable range and demonstrating strong development resilience.

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