Sichuan Changhong Electric Co Ltd600839
▲ PositiveCapitalrelevance
Net profit up 228.62% due to non-recurring gains from investee's share price fluctuations.
Sichuan Changhong disclosed its 2026 interim report. In the first half, it achieved operating revenue of 58.274 billion yuan, up 2.77% year on year. Net profit attributable to shareholders of the listed company was 1.646 billion yuan, up 228.62% year on year. Basic earnings per share were 0.3576 yuan. The company said the sharp increase in net profit was mainly due to a significant rise in non-recurring gains and losses, as fair value gains increased because of share price fluctuations at its investee company Huafeng Technology.
Sichuan Changhong Electric Co LtdNet profit up 228.62% due to non-recurring gains from investee's share price fluctuations.
Sichuan Huafeng Technology Co. Ltd. AShare price fluctuations at Huafeng Technology contributed to Changhong's gains, indicating positive valuation impact.