Baobian Electric (600550.SH) has increased ahead of schedule. The net profit for the first half year is expected to be 133 million yuan, an increase of 76.47% over the previous year

Zhitong Finance App News, Baobian Electric (600550.SH) announced that the company expects to achieve a net profit of about 133 million yuan in 2026 half a year. Compared with the same period last year, it will increase by about 576.333 million yuan, an increase of about 76.47% over the previous year.

Benefiting from the continued expansion of investment in power grid infrastructure, the company has sufficient reserves of on-hand orders. During the reporting period, products were delivered one after another, and operating income increased significantly year on year, which in turn promoted the company's operating profit year on year.