Shandong Kuntai New Material Technology Co. Ltd. A

Kuntai Shares released its 2026 interim report. Total operating revenue was 250 million yuan, down 10.46% from the same period last year. Net profit attributable to the parent company was 3.42 million yuan, down 84.46% year on year. Net cash inflow from operating activities was 54.9 million yuan. The company's latest asset-liability ratio was 20.95%, gross margin was 25.12%, return on equity was 0.42%, and diluted earnings per share was 0.03 yuan. The number of shareholders was 7,612, and the top ten shareholders held 74.93% of the shares.

Kuntai Shares issued an announcement, expecting net profit attributable to the parent for the first half of 2026 to be between 3 million yuan and 3.9 million yuan, a decline of 82.29% to 86.37% compared with the same period last year. The decline in performance is mainly due to the industry environment and market competition leading to a decrease in sales volume of tufted carpet products, rising raw material costs, and a drop in overall operating revenue and gross margin. In addition, to accelerate the strategic layout of global production capacity, the increase in upfront investment in overseas business also had an impact on net profit for the period.