TWSC: H1 Revenue Rises 311.55% YoY to RMB 16.911 Billion; Q2 Net Profit Declines QoQ

TWSC released its 2026 semi-annual report. The report shows that revenue for the reporting period reached RMB 16.911 billion, up 311.55% year on year; net profit attributable to shareholders of the parent company was RMB 6.017 billion, turning from a loss to a profit year on year (a loss of RMB 118 million in the same period last year); non-recurring net profit was RMB 5.966 billion, also turning from a loss to a profit year on year (a loss of RMB 122 million in the same period last year). On a quarterly basis, second-quarter revenue was RMB 9.372 billion, up 228.04% year on year and 24.33% quarter on quarter; net profit attributable to shareholders of the parent company was RMB 2.671 billion, up 55.67 times year on year and down 20.18% quarter on quarter; non-recurring net profit was RMB 2.632 billion, up 56.54 times year on year and down 21.04% quarter on quarter.