FAW Jiefang Expects H1 Net Profit to Surge 1,274%-1,528% YoY for Parent Company Owners

Published: Jul 14, 2026 18:05

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FAW Jiefang announced on July 13 that its net profit attributable to shareholders of listed companies for the first half of 2026 is projected to range from 270 million yuan to 320 million yuan, representing a year-on-year jump of 1,274% to 1,528%.

During the reporting period, the company drove sales growth by continuously optimizing product mix, expanding overseas presence and tapping into full-chain service value. Meanwhile, it advanced lean operation management, strictly controlled costs and expenses to boost profitability. Driven by coordinated efforts across products, overseas business, services and cost control, the firm saw simultaneous improvements in operational resilience and quality, leading to a sharp year-on-year surge in net profit.

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