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2026-08-26 18:38:12 HUA HONG GRACE (01347.HK), which is set to become a blue-chip stock, announced its interim results for the six months ended June 2026. Sales revenue reached a record high of USD1.378 billion, up 24.5% YoY. Net profit amounted to USD59.568 million, up 409% YoY. EPS was US3.4 cents. No dividend was declared. Gross profit rose 83.2% to USD204.5 million, mainly benefiting from higher average selling prices and enhanced cost reduction and efficiency improvements, partly offset by increased depreciation costs. Gross margin increased from 10.1% to 14.8%. (ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |