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Kingkey Smart Agriculture reports net loss of 489 million yuan in 2026 interim results
Kingkey Smart Agriculture released its 2026 interim report, with net profit attributable to the parent company at negative 489 million yuan, swinging from profit to loss and down 316.39 percent from the same period last year. Total operating revenue was 2.13 billion yuan, down 10.75 percent year on year. Net cash inflow from operating activities was 40.52 million yuan, down 86.98 percent year on year. The company's latest asset-liability ratio was 63.65 percent, gross margin was negative 8.08 percent, return on equity was negative 14.05 percent, and diluted earnings per share was negative 0.95 yuan.