LEOCH INT'L (00842) has unveiled its interim results for the six-month period ended June 30, 2026, showcasing a notable surge in profitability despite a dip in overall revenue.
The group posted a turnover of RMB 6.952 billion, marking a 17.61% decrease year-over-year. However, profit attributable to owners of the parent company jumped 32.29% to RMB 138 million. Earnings per share stood at RMB 0.10, with an interim dividend of HK 1.8 cents per share proposed.
According to the official announcement, revenue from the power solutions segment fell by 8.4% to RMB 6.732 billion, down from RMB 7.349 billion in the corresponding period of 2025. In contrast, the recycled lead business witnessed a more pronounced contraction, with revenue plummeting 79.8% to RMB 220 million, compared to RMB 1.0895 billion in the prior year's first half.