Yingpu Precision (01286) announced 2026 interim results. Profit attributable to shareholders was HK$421 million, an increase of 21.6% over the previous year

According to the Zhitong Finance App, Yingpu Precision (01286) announced results for the six months ended June 30, 2026, with revenue of HK$3,018 billion, up 23.2% year on year; profit attributable to the company's equity shareholders was HK$421 million, up 21.6% year on year; basic profit per share was 22.20 HK cents, and proposed an interim dividend of HK8.0 cents per share.

In the first half of 2026, although the global economic and geopolitical situation still faced multiple challenges, the Group achieved significant growth through the efficient promotion of a “global layout” and “diversified terminals”. During the period, the development momentum of artificial intelligence and demand for large data centers remained strong, driving the continued growth of related businesses. Among them, demand for liquid cooling systems was particularly strong, causing the Group's diversified industries-other terminal market revenue to rise strongly by 107.6% year on year, and the performance was very impressive. In terms of the energy terminal market, the demand for large data centers boosted the demand for industrial gas turbines, which led to an 83.7% year-on-year increase in revenue. In addition, demand for high-horsepower engines, as a key component of distributed generators, continued to rise, driving a significant increase of 23.7% year-on-year; the leisure and entertainment ship and vehicle terminal market benefited from customer supply chain restructuring, and the group successfully gained more market share, and the terminal market revenue rose sharply by 57.4% year on year; the aviation terminal market had a low sales base due to lack of supply chain capacity and the impact of tariffs in the first half of 2025, causing the Group's aviation terminal market revenue to rise strongly by 34.6% year on year; construction machinery terminal market revenue also increased year-on-year Strong increase of 34.2%.

On the profit side, in order to prepare for a sharp rise in sales at the Group's Mexico SLP Park in the second half of this year and next year, the number of employees at the Mexican SLP Park rose sharply by more than 600 to more than 2,000 employees during the period. In addition, although the employee turnover rate declined, it was still at a high level. As a result, the net loss during the period was still large, and there was a significant increase compared to the same period in 2025. Furthermore, the Turkish factory was affected by continued high inflation over the past few years and the weakness of the European passenger car market, and profits fell sharply to close to loss during the period. Furthermore, the average exchange rate of RMB and Mexican peso against the Hong Kong dollar during the period appreciated by 4.7% and 11.9%, respectively, resulting in exchange losses of HK$67.7 million and an increase in costs in the first half of the year. Despite facing these challenges, China's factories continued to perform well. Strong profit growth effectively offset these factors, driving the Group's adjusted shareholders' profit up by 20.4% during the period.