Tongyong Co. disclosed a 1H2026 profit forecast on July 13: net profit attributable to the parent of CNY138 mln–CNY178 mln, up 114.66%–176.88% YoY. Company cited steady ramp-up of overseas capacity, Cambodia Phase II reaching full production, optimiz

2026-07-13

Tongyong Co. disclosed a 1H2026 profit forecast on July 13: net profit attributable to the parent of CNY138 mln–CNY178 mln, up 114.66%–176.88% YoY. Company cited steady ramp-up of overseas capacity, Cambodia Phase II reaching full production, optimization of capacity/product/channel mix, sizeable tire volume growth and rising gross margins as drivers of improved core profitability.