Sailun first-half results supported by overseas plants

Qingdao, China – Sailun Group has reported an 18% year-on-year increase in net profit attributable to shareholders to Yuan2.16 billion (€277 million) in the first half of 2026, on revenue up 13.9% to Yuan20.03 billion.

Revenue grew mainly due to increased sales volumes from customers making advance payments, said Sailun in a 31 Aug first-half report.

Profits, according to the Chinese tire maker, improved due to higher volumes, favourable operating leverage and cost control as well as greater emphasis on higher-value products.

Sailun said it generated Yuan15.2 billion – roughly 77% - of its Yuan19.8 billion overall revenue through its overseas operations in the first half while domestic tire revenue stood at Yuan4.5bn.

Moreover, the group said just under 63% of its total assets are now overseas, with the two largest assets located in Vietnam and Cambodia.

Sailun Vietnam, said the tire group, posted a first-half revenue of Yuan4.6 billion and Yuan822 million of net profit while CART Tire Cambodia posted sales of Yuan4.4 billion and Yuan952 million of profit.