Zotye Auto: Anticipated Net Profit for First Half of the Year Ranges from 78 Million to 105 Million Yuan
13 hour ago / Read about 0 minute
Author:小编   

Zotye Auto has unveiled its performance forecast, predicting a net profit attributable to the parent company within the range of 78 million to 105 million yuan for the first half of 2026. This projection signifies a remarkable reversal from the 148 million yuan loss recorded during the same period the previous year. The key drivers behind this performance shift are primarily a strategic contraction initiative, which entailed the closure of inefficient entities and yielded compensation payments totaling 200 million yuan. Additionally, the company has also benefited from non-operating income of around 30 million yuan, stemming from litigation settlements.