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Kema Technology's first-half net profit falls over 40%, declining for five consecutive quarters
Kema Technology released its 2026 interim report. First-half operating revenue was 592 million yuan, up 13.8% year on year, but net profit attributable to the parent was 98.25 million yuan, down 42.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 96.39 million yuan, down 43.5% year on year. Net operating cash flow was 37.21 million yuan, down sharply by 73.6% year on year. Second-quarter operating revenue was 322 million yuan, up 18.1% year on year, while net profit attributable to the parent was 52.36 million yuan, down 38.2% year on year. The company's net profit has declined year on year for five consecutive quarters, yet its share price hit a record high during the year, with market value once exceeding 80 billion yuan. As of the close on August 19, the stock reported 103.83 yuan, giving a market value of 45.27 billion yuan. Revenue from advanced ceramic material components in the semiconductor sector was 479 million yuan, up 9.47% year on year, accounting for 88.09% of revenue from advanced ceramic material components.