Eurotech (688308.SH) has an advance increase. Net profit due to mother is expected to be 360 million yuan to 420 million yuan for the half year, a significant increase over the previous year

According to the Zhitong Finance App, Eurovision (688308.SH) announced that the company expects to achieve net profit of 360 million yuan to 420 million yuan attributable to owners of the parent company for the first half year of 2026. Net profit attributable to owners of the parent company for the same period last year was 775,400 yuan.

During the reporting period, the company seized the opportunity of increased demand for high-end tools, further completed product structure upgrades, and achieved year-on-year growth in sales of CNC tool products. Affected by rising prices of major raw materials such as tungsten carbide during the reporting period, the company consolidated product profitability through product price adjustments. At the same time, the company's performance base for the first half year of 2025 is low, so the year-on-year increase is obvious.