Expenses put pressure on Linglong Tire's profit in the first half of 2025

In its latest semi-annual report, Linglong Tire has published its financial results for the first half of 2025, which combines revenue growth with a decline in profitability.

For the period from January to June 2025, Linglong generated operating revenue of 11.81 billion yuan (1.65 billion US dollars), which is 13.8% higher than the previous year. The main driver of this growth was higher sales volumes, particularly in the original equipment manufacturer (OEM) markets both domestically and internationally. However, net profit attributable to shareholders decreased by 7.7% to 854 million yuan (119.7 million US dollars).

Operating expenses outpaced revenue growth, increasing by 24.4% compared to the previous year. Operating cash flow plummeted by 95%, to 41 million yuan (5.78 million US dollars), largely due to increased payments for goods and services. Linglong's basic earnings per share decreased to 0.58 yuan, which is 7.9% lower.