Eurotech: Net profit expected to increase significantly in the first half of 2026, projected to be between 3.6 to 4.2 billion yuan.

Euroc announced that it is expected to achieve a net profit attributable to the owners of the parent company of 360-420 million yuan in the first half of 2026, an increase of 3.59-4.19 billion yuan compared to the same period last year of 7.754 million yuan. Non-recurring net profit is expected to be 350-400 million yuan, an increase of 3.69-4.19 billion yuan compared to the same period last year of -19.1472 million yuan. The increase in performance is attributed to seizing the opportunity of increasing demand, completing product structure upgrades, an increase in sales of CNC cutting tools, and adjusting product prices to strengthen profitability, while the performance base in the same period last year was low. However, fluctuations in raw material prices may lead to fluctuations in performance, and specific data will be subject to the mid-year report.