Hongqiao Holdings: First-Half Net Profit Expected to Rise 69.72%–81.04% Year-on-Year

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Hongqiao Holdings disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 15 billion and 16 billion yuan, representing a year-on-year increase of 69.72% to 81.04%, with basic earnings per share of 1.1511 yuan to 1.2278 yuan. During the reporting period, the sales price of electrolytic aluminum in the market rose significantly year-on-year, leading to a notable improvement in gross profit for the related business. At the same time, the company's borrowing scale during the period was markedly reduced compared with the same period last year, resulting in a substantial decrease in financial interest expenses, which further boosted profits.

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