Hubei Shuanghuan Science and Technology Stock Co Ltd

Shuanghuan Technology released its 2026 interim report, with net profit attributable to the parent company at negative 74.64 million yuan, swinging from profit to loss year-on-year. Total operating revenue was 987 million yuan, down 9.90% from the same period last year. Net cash inflow from operating activities was 42.02 million yuan, up 82.41% year-on-year. The company's latest asset-liability ratio was 45.85%, gross margin was 5.52%, ROE was negative 2.75%, and diluted earnings per share was negative 0.13 yuan.

Shuanghuan Technology disclosed its earnings forecast, expecting a net loss attributable to shareholders of 55 million to 85 million yuan in the first half of 2026, compared with a profit of 13.5939 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 60 million to 95 million yuan, compared with a loss of 24.1129 million yuan in the same period last year. The company said that the market selling price of its main product, soda ash, was significantly lower than the same period last year, while coal procurement costs rose sharply, leading to a substantial decline in net profit.