Zhonghong Medical expects net profit attributable to parent to surge over 23 times in first half of 2026

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Zhonghong Medical issued an announcement, expecting net profit attributable to the parent for the first half of 2026 to be between 140 million and 210 million yuan, a year-on-year increase of approximately 2338% to 3557%. The change in performance is mainly due to higher selling prices for health protection gloves, a significant improvement in product gross margin, and enhanced cost control and operational efficiency through measures such as tapping potential, reducing costs, and improving quality and efficiency. During the reporting period, the company incurred a large exchange loss due to fluctuations in the yuan against the US dollar. Excluding this impact, the improvement in operating performance would be even greater. In the first quarter of 2026, the company achieved revenue of 602 million yuan and net profit attributable to the parent of 4.93 million yuan.

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