Honglu Forecasts First-Half Profit Growth on Smart Manufacturing Gains
HEFEI, CHINA - July 14, 2026 - Honglu Steel Structure has issued a first-half 2026 earnings forecast, estimating net profit of RMB 432 million to RMB 490 million for the period from January 1 to June 30, representing year-over-year growth of 50% to 70%.
The company said the expected increase reflects the continuing effect of its intelligent manufacturing transformation. During the reporting period, Honglu reported steadier gains in product quality, capacity utilization, cost control, and production-sales momentum.
Profit Forecast Highlights
Honglu’s announcement classified the outlook as a positive net-profit forecast with year-over-year growth. The projected range points to a stronger first-half profit profile than the same period in 2025, with the upper end of the forecast approaching half a billion renminbi.
The company emphasized that the forecast is based on preliminary calculations by its finance department. Final figures will be disclosed in Honglu’s full 2026 interim report.
Smart Manufacturing Drives the Improvement
- Estimated Net Profit: Honglu expects first-half 2026 net profit of RMB 432 million to RMB 490 million.
- Year-Over-Year Growth: The forecast implies growth of 50% to 70% compared with the first half of 2025.
- Operational Drivers: The company cited intelligent transformation, stable improvements in product quality, stronger capacity utilization, and optimized production costs.
- Audit Status: The earnings-forecast figures have not yet been audited, though the company said it had held preliminary communication with its accounting firm and found no major disagreement.
Investors Should Watch the Interim Report
The earnings forecast adds another operating signal after Honglu’s recent disclosures on first-half contract value, output, and major project awards. For customers and investors following the steel-structure sector, the key question is whether smart manufacturing can keep improving delivery efficiency, quality consistency, and margin resilience at scale.
Honglu said the final financial data will be provided in its 2026 semiannual report. Until then, the forecast should be read as preliminary guidance, with investors advised to monitor formal disclosures and assess both profitability and cash-flow quality.