Guangzhou Jet Bio-Filtration Co Ltd

Jet Biofil released its 2026 interim report. Total operating revenue was 277 million yuan, and net profit attributable to the parent company was 20.8166 million yuan, down 55.08% from the same period last year, a decrease of 25.5221 million yuan. Net cash inflow from operating activities was 35.1043 million yuan, down 58.29% year-on-year. The company's asset-liability ratio was 30.28%, gross margin was 39.41%, ROE was 1.74%, and diluted earnings per share was 0.15 yuan. The number of shareholders was 8,134, and the top ten shareholders held 50.52% of the total share capital.

Naspers reported full-year 2026 revenue of $9.7 billion and a 44% increase in profitability to $1.3 billion, with all ecosystems in Latin America, Europe, and India now profitable. Core headline earnings per share rose 24%, and free cash flow excluding the Tencent dividend improved by $257 million, marking a $1.4 billion improvement over three years. The company has integrated hundreds of AI models powering more than 20 AI life assistants to enhance customer experience and operational efficiency. However, intense competition in Brazil's food delivery sector is pressuring profitability expectations for fiscal 2027, requiring continued investment in iFood and Jet that may limit near-term EBITDA growth.