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Juquan Technology's first-half net profit attributable to parent was 13.6 million yuan, down 63.7% year-on-year
Juquan Technology released its 2026 semi-annual report. Net profit attributable to the parent in the first half was 13.6 million yuan, down 63.7% year-on-year. Operating revenue was 278 million yuan, up 2.3% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 6.69 million yuan, down 71.7% year-on-year. Net operating cash flow was 72.72 million yuan, up 200.0% year-on-year. In the second quarter, operating revenue was 164 million yuan, up 8.5% year-on-year, while net profit attributable to the parent was 9.7 million yuan, down 66.0% year-on-year. The company said that technology upgrades in power line carrier communication and market expansion drove sales volume and revenue growth, but higher operating costs and related expenses squeezed profit margins, and lower investment income also affected performance.