Huayang Transmission's revenue increased significantly in the first half of the year, but its net profit was in the red

Huayang Transmission's operating income in the first half of the year reached 245 million yuan, a significant year-on-year increase of 107.99%, but its net profit showed a loss of 13.4376 million yuan. The revenue of new energy vehicle parts business reached 34.9377 million yuan, a year-on-year increase of 100%. This growth is mainly due to the gradual increase in the volume of new energy vehicle parts products, making it a new revenue growth point. The revenue of traditional automotive parts business was 53.984 million yuan in the first half of the year, a year-on-year decrease of 15.11%. The revenue of aluminum ingot business reached 154 million yuan in the first half of the year, a significant year-on-year increase of 194.93%. This growth is mainly due to the release of aluminum ingot business capacity and the increase in customer orders.