Lesso Group Holding Limited has published results for the first half of 2026

Commitment to industrial development with six main strategies,

for sustainable growth of the core business and expansion of the global presence

August 28, 2026 large group of pipes and building materials in Hong Kong:Lesso Group Holding LimitedLesso Group Holding Limited (Hong Kong Stock Exchange: 2128) has released results for the six months ended June 30, 2026.

The band celebrates its 40th anniversary in 2026. Thanks to a long-term approach, since its foundation, the company has moved from local operations to global markets, and from the production of one type of pipe to multi-industry cooperation. Industrial modernization, international activities and overall competitiveness create the basis for sustainability and sustainable development in a changing macroeconomic environment.

In the face of weak local demand, competition, and fluctuating commodity prices, revenue fell to 11.912 billion yuan. Sales of plastic pipes, despite the downturn, exceeded industry averages, while other areas maintained last year's level. Gross profit amounted to 3.426 billion yuan, profitability was 28.8% due to strategic procurement, inventory management, cost control and intelligent manufacturing. EBITDA amounted to 2.048 billion yuan with a margin of 17.2%. Net profitability: 5.8%, profit attributable to owners is 727 million yuan, basic earnings per share is 0.24 yuan.

The management is focused on the main industry area, maintaining volumes, optimizing the product and business structure, as well as increasing competitiveness and profitability. 

The Group is expanding its range of industrial, environmental and agricultural pipes with high added value. The share of agricultural production increased in China, and abroad in Africa and Southeast Asia. Investments in research have resulted in new patents and technological advances in the production of composite and special industrial pipes. Smart factories provide automated production and digital control.

The group is expanding its sales network abroad and adapting products to local needs. Production bases are located in Indonesia, Thailand, Malaysia, Cambodia, Vietnam, the Philippines, Tanzania, Angola, Uzbekistan and the U.S. state of Texas. The share of foreign income reached 8.6%, which gradually became the driving force behind the growth.

Huang Lianxi, Chairman of the Management Board and CEOHe noted: "In the face of complexities and industry changes in the global economy in the second half of 2026, LESSO maintains its industrial development goal and implements six strategies. We focus on the key direction of development, competitiveness and international expansion, using the advantages of brand, scale, supply chain and global network. Our goal is to become the world's leading group of pipe and building materials manufacturers, creating value for shareholders, customers and society."

The end

About Lesso Group Holding Limited

Over more than 40 years of development, the group has grown rapidly, offering high-quality products and services in the fields of pipes, building materials, home solutions and new energy.

The Group has more than 50 factories and a global sales network. The range includes hundreds of thousands of products for home decoration, construction, water supply, sanitation, energy, electricity, gas, fire protection, environmental protection, agriculture and marine fisheries.

For additional questions:

iPR Limited

Liu Lian / Li Anjiang / Zhao Wenhui / Dai Yuqing

Phone: (852) 2136 6185

Email address: lesso@ipr.com.hk