Shandong Binzhou Bohai Piston Co LtdFirst-half loss of 3.09 million yuan, down 101.02% year on year, with revenue down 11.7%.

Bohai Automotive released its 2026 interim report, showing a first-half loss of 3.09 million yuan, down 101.02% year on year. Operating revenue was 1.512 billion yuan, down 11.7% year on year. Loss excluding non-recurring items was 11.23 million yuan, down 302.7% year on year. Net operating cash flow was 55.99 million yuan, down 66.9% year on year. In the second quarter, operating revenue was 834 million yuan, up 16.6% year on year, while net profit attributable to the parent company was 3.67 million yuan, down 98.8% year on year. The company said that during the reporting period it actively advanced a major asset restructuring, entering core automotive component segments such as interior and exterior trim, wiring harnesses and seats, and that profitability is expected to improve after the delivery of the restructured target assets is completed.
Shandong Binzhou Bohai Piston Co LtdFirst-half loss of 3.09 million yuan, down 101.02% year on year, with revenue down 11.7%.