Loncin General Power forecasts substantial profit growth for first half

Loncin General Power Co., Ltd. (SSE:603766) has announced a preliminary forecast for its first-half 2025 financial results, projecting a substantial increase in net profit attributable to shareholders. The company expects net profit to range from CNY 1,005 million to CNY 1,120 million, representing a 70.52% to 90.03% increase compared to the same period last year. Excluding non-recurring gains and losses, the estimated net profit attributable to shareholders is projected between CNY 965 million and CNY 1,080 million, reflecting a growth of 70.35% to 90.65%. The company attributes this positive outlook to growth in its motorcycle and general machinery businesses and the improved product mix within its VOGE series.