Longda Co., Ltd. has announced that it expects the net profit attributable to the parent company's shareholders for the first three quarters of 2026 to range between RMB 120 million and RMB 140 million, marking a significant year-on-year increase of 69% to 97%. This remarkable growth is primarily driven by the heightened demand in the global aero-engine and gas turbine sectors, coupled with the notable achievements in the company's market expansion efforts, both at home and abroad. The high-temperature alloy business, in particular, has witnessed robust revenue growth, with multiple business segments experiencing substantial year-on-year revenue increases. Simultaneously, the company has enhanced its profitability through the implementation of lean management practices and cost-cutting and efficiency-boosting initiatives. Nevertheless, the company anticipates its net profit for the third quarter to be between RMB 13 million and RMB 33 million, projecting a quarter-on-quarter decline of 45% to 78% from the RMB 60 million recorded in the second quarter.
