PRINX CHENGSHAN (01809) announced its interim results, with shareholders' net profit of 414 million yuan, a decrease of 18.5% year-on-year.

PRINX CHENGSHAN (01809) announced its mid-term results for the six months ending June 30, 2026, with revenue of RMB 5.786 billion, a year-on-year increase of 1.42%; shareholder profit of RMB 414 million, a decrease of 18.5% year-on-year; basic earnings per share of RMB 0.65. The announcement stated that for the six months ending June 30, 2026, the domestic dealer channel generated approximately RMB 1.2018 billion in revenue, an increase of 18.1% year-on-year; the international dealer channel generated approximately RMB 3.5869 billion, a decrease of 7.9% year-on-year; and sales directly to automobile manufacturers amounted to around RMB 995.7 million, an increase of 25.8% year-on-year. Among these, all-steel radial tires and semi-steel radial tires accounted for approximately 57.3% and 40.7% of the Group's tire revenue, respectively (for the six months ending June 30, 2025: 55.3% and 43.2%); bias and OTR tires accounted for about 2.0% (2025 same period: 1.5%); revenue from the Shandong tire production base and the Thailand tire production base accounted for approximately 63.0% and 37.0% of the Group's tire revenue, respectively (2025 same period: 61.6% and 38.4%).