Putailai (603659.SH) issued an advance increase. Net profit due to mother is estimated to be 1.4 billion yuan to 1.5 billion yuan for the half year, an increase of 32.66% to 42.14% over the previous year

According to Zhitong Finance App News, Putailai (603659.SH) announced that the company expects the company to achieve net profit attributable to shareholders of listed companies in the first half year of 2026 of 1.4 billion yuan to 1.5 billion yuan, an increase of 345 million yuan to 445 million yuan compared with the same period last year, and an increase of 32.66% to 42.14% over the same period last year.

During the reporting period, the transformation of the global energy structure continued to drive an explosion in demand in the electric vehicle and energy storage market. Exports of electric vehicles, energy storage and battery-related products maintained rapid growth, the domestic battery supply chain lagged behind, the supply of upstream materials and equipment continued to tighten, and shipments of the company's main products achieved good growth. Through various cost reduction and efficiency measures to cope with the upward pressure on the cost of major raw materials, the company's management efficiency continued to improve, and overall profit continued to grow well.