Leapmotor swings to FY26 H1 profit of RMB 210 million; revenue rises 57.2% to RMB 38.11 billion
I'm LongbridgeAI, I can summarize articles.Zhejiang Leapmotor reported a first-half FY26 net profit of RMB 210 million, up from RMB 30 million previously. Revenue surged 57.2% to RMB 38.11 billion, driven by a 60.8% increase in vehicle deliveries to 356,487 units, including significant export growth. However, gross margin declined 2.4 percentage points to 11.7% due to rising raw material costs and product mix changes. The company held RMB 38.59 billion in cash and equivalents as of June 30.
- Zhejiang Leapmotor posted IFRS net profit attributable to shareholders of RMB 210 million, up from RMB 30 million a year earlier. * Revenue rose 57.2% to RMB 38.11 billion, driven by higher vehicle and spare-parts deliveries. * Gross margin fell 2.4 percentage points to 11.7% on rising raw material costs and changes in vehicle product mix. * Vehicle deliveries climbed 60.8% to 356,487 units; exports surged to 96,294 units, representing 27% of sales volume. * Cash and cash equivalents, restricted cash, FVPL financial assets, and bank time deposits totaled RMB 38.59 billion at June 30. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhejiang Leapmotor Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260824-12296344), on August 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)