Sichuan Huiyuan Optical Com

Huiyuan Communications released its 2026 interim report, with net profit attributable to the parent company at negative 8.5775 million yuan, a decrease of 17.1505 million yuan compared with the same period last year, down 200.05% year-on-year, swinging from profit to loss. The company's total operating revenue was 253 million yuan, and net cash flow from operating activities was negative 21.1014 million yuan. The latest asset-liability ratio was 48.76%, gross margin was 24.53%, ROE was negative 2.72%, and diluted earnings per share was negative 0.04 yuan.

Huiyuan Communication disclosed its performance forecast, expecting a net loss attributable to the parent company of 8 million to 12 million yuan in the first half of 2026, compared with a profit of 8.5731 million yuan in the same period last year. The non-recurring net loss is expected to be 8.5 million to 12.5 million yuan, compared with a profit of 7.4704 million yuan in the same period last year. The company stated that the change in performance was mainly due to a decline in the revenue scale of optical cable products, a decrease in the gross profit margin of online monitoring products, and a reduction in the gross profit contribution of core businesses. The newly established subsidiary is in the incubation period, with high initial fixed operating costs and no profit yet. Additionally, the termination of the private placement led to related intermediary expenses being charged to current administrative expenses.