China's Xingda International H1 net income falls 67% year on year

Xingda International Holdings

31/08/2026 15:56

Overview
China tire reinforcement maker's H1 revenue rose 2% yr/yr
Net income attributable to owners fell 67% yr/yr
Gross profit margin and EBITDA both declined from prior year

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
PROFITABILITY DECLINE - Co reported lower gross profit margin and EBITDA, contributing to a sharp drop in net income

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 5.78 bln
 
H1 Net Income Attributable
 
RMB 65 mln
 

Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)