Tunan Shares posts 70.90% revenue growth, 167.92% profit surge in H1

Tunan Shares reported strong first-half 2026 growth as revenue rose to 1.02 billion yuan ($151.8 million) and net profit attributable to shareholders climbed to 249 million yuan ($36.9 million), driven by the scaled mass production of small and medium components at wholly owned subsidiary Shenyang Tunan. Net profit excluding non-recurring items (one-off gains or losses) reached 247 million yuan ($36.7 million), up 173.51%, while basic earnings per share increased to 0.63 yuan. The components business generated 450 million yuan ($66.8 million) in sales, accounting for 45.65% of main business revenue and 58.85% of consolidated net profit, underscoring a shift from Tunan's earlier reliance on superalloy materials toward higher-value precision component manufacturing. Total assets and R&D spending also increased, but net cash flow from operating activities fell to 9.67 million yuan ($1.4 million), highlighting working capital pressure during rapid expansion. The company also proposed a cash dividend of 1.50 yuan per 10 shares.

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