Jiangsu Horizon Posts 73.7% Surge in Interim Net Profit

Stock News
Aug 28

JIANGSU HORIZON (02625) has announced its interim results for the six months ended June 30, 2026, reporting a significant jump in profitability. The company recorded revenue of RMB808 million, a year-on-year increase of 4.73%, while profit attributable to shareholders surged to RMB21.71 million, up 73.69% from the prior corresponding period.

Basic earnings per share stood at RMB9.21 for the reporting period. According to the company's announcement, the revenue growth was primarily driven by higher income generated from its wholesale operations.

The robust earnings performance underscores the company's strengthened financial position amidst ongoing operational expansions. Management highlighted that the wholesale segment continued to be a key growth driver, contributing to the overall improvement in the bottom line.

Shareholders have responded positively to the news, with the results reflecting successful execution of the company's strategic initiatives. The company remains focused on optimizing its operational efficiency and capitalizing on market opportunities to sustain its growth trajectory.

This latest financial update underscores JIANGSU HORIZON's resilience and adaptability in a dynamic market environment, positioning it well for future value creation.

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