HIT Welding Industry Co. Ltd.Net profit up 51.05% year on year in interim report

Harbin Welding Huatong released its 2026 interim report. Total operating revenue was 919 million yuan, an increase of 114 million yuan from the same period last year, up 14.09% year on year, marking two consecutive years of growth. Net profit attributable to the parent company was 18.5487 million yuan, an increase of 6.2688 million yuan from the same period last year, up 51.05% year on year. Net cash flow from operating activities was negative 64.1125 million yuan. The asset-liability ratio was 40.70%. Gross margin was 12.45%, up 0.71 percentage points from the same period last year, rising for three consecutive years. Diluted earnings per share were 0.10 yuan, up 42.86% year on year. Total asset turnover was 0.37 times, and inventory turnover was 1.79 times. The number of shareholders was 25,100, and the top ten shareholders held 67.00% of the total share capital.
HIT Welding Industry Co. Ltd.Net profit up 51.05% year on year in interim report