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Hangmin Co. reports first-half 2026 net profit of 300 million yuan, down 4.59% year on year
Hangmin Co. released its 2026 interim report, with net profit attributable to the parent company of 300 million yuan, a decrease of 4.59% from the same period last year. Total operating revenue was 3.888 billion yuan, a reduction of 1.555 billion yuan from a year earlier, down 28.56% year on year. Net cash inflow from operating activities was 752 million yuan, up 7.45% year on year. The company's latest asset-liability ratio was 28.74%, down 4.64 percentage points from the previous quarter; its latest gross margin was 18.29%, rising for two consecutive quarters.