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Huaqin expects first-half net profit to jump over 50%, but core earnings growth stays modest

Chinese contract-manufacturing giant Huaqin Technology expects its net profit for the first half of 2026 to rise between 53.5% and 61.5% year-over-year, to a range of CNY2.9 billion (approx. US$427.73 million) to CNY3.05 billion, according to a preliminary earnings pre-announcement filed with the Shanghai Stock Exchange on July 14. Revenue is projected to grow 10.8% to 13.2% to between CNY93 billion and CNY95 billion, up from CNY83.9 billion a year earlier. The company said the disclosure was triggered because net profit was set to rise more than 50%.