Shanghai Tunnel Engineering Co Ltd

Tunnel Engineering Co., Ltd. released its first-half 2026 report. Total operating revenue was 20.18 billion yuan, down 8.36% from the same period last year. Net profit attributable to the parent company was 558 million yuan, down 23.17% year on year. Net cash flow from operating activities was negative 1.897 billion yuan, but increased by 1.814 billion yuan compared with the same period last year, marking a second consecutive year of improvement. The company's asset-liability ratio was 72.84%, gross margin was 13.80%, return on equity was 1.24%, and diluted earnings per share was 0.14 yuan, down 33.33% year on year. The number of shareholders was 103,300, and the top ten shareholders held 50.20% of the total share capital.