Huijintong (603577.SH) announced semi-annual results, with net profit of 37.11 million yuan to mother, a year-on-year decrease of 39.62%

According to Zhitong Finance App News, Huijintong (603577.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 1,653 billion yuan, a year-on-year decrease of 17.39%; net profit attributable to shareholders of listed companies was 37.11 million yuan, a year-on-year decrease of 39.62%; net profit after deducting non-recurring profit and loss of 27.94 million yuan, a year-on-year decrease of 45.65%; and basic earnings per share.

During the reporting period, due to downstream customer project implementation progress falling short of expectations, the company's main product sales declined in stages, down 27.79% year on year. By product, sales of angle steel towers were 163,300 tons, down 32.57% year on year; sales of steel pipe towers were 24,500 tons, down 7.98% year on year; sales of other steel structures and contact net brackets were 22,500 tons, up 2.72% year on year. At the same time, due to increased market competition, the average sales price of the company's main products fell 5.77% year on year, and the gross profit space of the main products was compressed. Overall, due to two factors, the phased decline in sales volume of main products and the decline in average sales prices, the company's revenue during the reporting period decreased by 17.39% compared to the same period of the previous year, and net profit attributable to shareholders of listed companies decreased by 39.62% compared to the same period last year.