CONTIOCEAN (02613) announces profit profit in the interim period is expected to be approximately 17 million to 23 million RMB, an increase of approximately 178.7% to 277.0% year-on-year.

CONTIOCEAN (02613) announced that based on the preliminary review of unaudited consolidated management accounts of the Group for the six months ended June 30, 2026 (the 2026 interim period) and considering the information currently available to the board of directors, the company expects to achieve a net profit of approximately RMB 17 million to RMB 23 million during the 2026 interim period, representing an increase of about 178.7% to 277.0% compared to the same period in 2025. The expected increase in net profit is mainly due to: (1) the Group has started to undertake new orders for belt-driven generator systems and plate heat exchangers, which have started to generate revenue during the 2026 interim period; and (2) several long-cycle orders that were postponed in 2025 were delivered in the first half of 2026.