Rnac Lanqing (00666) Returns to Profitability in H1 2026 with Net Income of 700M-850M Yuan, Revenue Up 52.8%-60.1%

According to its announcement, Rnac Lanqing (00666) expects H1 2026 revenue (ended June 30) of approximately 14.5 billion to 15.2 billion yuan, a 52.8% to 60.1% increase from 9.491 billion yuan in the prior-year period. Net profit for the period is projected at 700 million to 850 million yuan, compared with a net loss of approximately 63 million yuan a year earlier. The company attributed the turnaround to higher battery product shipments and improved margins driven by economies of scale and ongoing cost efficiency measures.
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