Tongyong Co. on July 13 disclosed a 1H2026 profit forecast: 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, optimisation of capacity/product/channel mix, sizeable tyre volume growth and rising gross margins as drivers of improved core profitability.

2026-07-13

Tongyong Co. on July 13 disclosed a 1H2026 profit forecast: 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, optimisation of capacity/product/channel mix, sizeable tyre volume growth and rising gross margins as drivers of improved core profitability.