Tianhong International Group (02678) Fa Yingxi expects mid-term net profit to increase by about 75% year on year

According to the Zhitong Finance App, Tianhong International Group (02678) announced that it is expected that the Group will record net profit for the six months ending June 30, 2026, an increase of about 75% compared to about RMB 464 million for the six months ended June 30, 2025.

The Group's expected sharp increase in net profit is mainly due to steady demand in the textile market in the first half of 2026, sufficient group business orders, increased product sales and capacity utilization compared to the first half of 2025, and a significant increase in gross profit. Furthermore, thanks to the continuous optimization of the Group's balance and liability structure, financial expenses for the first half of 2026 also declined significantly compared to the first half of 2025.