August 12, 2026
Jetcon Corporation Limited (JETCON)
Unaudited financials for the six months ended June 30, 2026:
Jetcon Corporation Limited (JETCON) for the six months ended June 30, 2026 reported a 99% increase in Revenue totaling $845.31 million compared to $423.75 million in the corresponding period last year. Revenue for the second quarter had an 88% increase to close at $428.42 million compared to $227.36 million for the comparable quarter of 2025.
Year to date, Cost of Sales amounted to $641.87 million (2025: $321.76 million), representing an increase of 99% year over year. Consequently, Gross Profit increased by 99% to $203.44 million compared to $102.00 million for the six months ended June 30, 2025. The company booked Gross Profit of $106.39 million for the second quarter versus $65.19 million reported for the similar quarter of 2025.
Other Income amounted to $1.38 million (2025: $0.63 million). As a result, Total Operating Income increased by 100% to close at $204.81 million (2025: $102.63 million).
Administrative and Other Expenses increased by 14% from $38.72 million in 2025 to $44.24 million in the period under review. Additionally, Sales and Marketing Expenses for the six months ended June 30, 2026 amounted to $27.78 million, a 55% increase relative to $17.97 million reported in 2025. Finance Charges totaled $4.71 million, compared to $3.92 million in the corresponding period last year.
Total Expenses for the six months ended June 30, 2026 amounted to $76.74 million, a 26% increase compared to $60.61 million reported in 2025. Total expenses for the second quarter amounted to $39.62 million (2025: $32.67 million).
A tax charge of $4.13 million was incurred during the period under review (2025: nil).
As a result, Net Profit for the six months ended June 30, 2026 amounted to $123.94 million, a 195% increase compared to $42.02 million reported in the corresponding period last year. Net profit for the second quarter totaled $65.26 million, compared to $33.15 million in the prior year quarter.
Consequently, Earnings Per Share (EPS) for the six months amounted to $0.21 (2025: $0.07), while EPS for the quarter totaled $0.11 (2025: $0.06). The number of shares used in these calculations was 583,500,000 units.
Notably, JETCON’s stock price closed on August 12, 2026 at $3.71 with a corresponding PE of 12.22x.
Balance Sheet Highlights
The company’s total assets amounted to $1.20 billion as at June 30, 2026, compared to $907.99 million at June 30, 2025, representing an increase of 32%. The growth in total assets was primarily attributable to a 100% increase in Inventories, which amounted to $603.24 million (2025: $301.17 million). Additionally, Property and Equipment increased by 14% to $468.97 million (2025: $410.01 million).
Shareholders’ Equity stood at $895.65 million (2025: $718.26 million), representing a book value per share of $1.53 compared to $1.23 in the corresponding period of 2025.
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