New Jiao RV (00805) released interim results for the six months ended June 30, 2026. Group revenue reached 473 million yuan, up 14.88% year-on-year, mainly driven by higher motorhome sales.
Profit attributable to shareholders was 6.609 million yuan, down 78.47%. Earnings per share stood at 0.01 yuan. However, according to another source, net profit was 8.4 million yuan versus 31 million yuan a year earlier. Gross profit reached 139 million yuan (+14%), but gross margin fell to 29.3% due to promotional pricing on new models.
The company expanded its lineup with two new models, delivering 1,508 motorhomes (+10.3%), and plans to enter European and Canadian markets.