Harbin Electric Coporation Jiamusi Electric Machine Co LtdNet profit up 40.40% and gross margin improved, indicating strong earnings performance.

Jiamusi Electric Machine has released its 2026 interim report, with net profit attributable to the parent company of 185 million yuan, up 40.40% from the same period last year. Total operating revenue was 2.7 billion yuan, up 8.12% year on year, marking a second consecutive year of growth. Net cash outflow from operating activities was negative 933 million yuan, an increase of 18.0456 million yuan compared with the same period last year. The company's latest asset-liability ratio was 40.86%, down 6.57 percentage points from a year earlier; gross margin was 24.49%, up 2.11 percentage points year on year; diluted earnings per share were 0.26 yuan, up 29.26% year on year.
Harbin Electric Coporation Jiamusi Electric Machine Co LtdNet profit up 40.40% and gross margin improved, indicating strong earnings performance.