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Guangdong Modern High Tech Fiber Co

Guangdong Modern High-tech Fiber Co., Ltd. researches, develops, produces, and sells polypropylene (PP) yarn in China and internationally. Its products include PP BCF yarn, PP DTY, functional PP, PP FDY yarn, twisted PP FDY yarn, and PP profiled wires. The company also exports its products. Founded in 1993, it is based in Jieyang, China.

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300876.CS2

Mengtai High-Tech's 2026 interim report shows net loss narrowed to 16.70 million yuan

Mengtai High-Tech released its 2026 interim report, with net profit attributable to the parent company at negative 16.70 million yuan, an improvement of 17.10 million yuan compared with the same period last year, narrowing the loss. The company's total operating revenue was 257 million yuan, up 5.42 percent year on year, marking five consecutive years of growth. Net cash inflow from operating activities was 7.78 million yuan, an increase of 27.52 million yuan from a year earlier. The company's latest asset-liability ratio was 40.54 percent, gross margin was 5.92 percent, return on equity was negative 1.65 percent, and diluted earnings per share was negative 0.11 yuan.
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