Baolande's first-half loss narrows to 58.75 million yuan

Earnings
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Baolande released its 2026 interim report. First-half operating revenue was 90.12 million yuan, up 10.3 percent year on year. The net loss attributable to the parent company was 58.75 million yuan, narrowing from a loss of 67.77 million yuan in the same period last year. The net loss attributable to the parent company after deducting non-recurring items was 62.33 million yuan, also down from a loss of 79.37 million yuan a year earlier. Net operating cash flow was negative 2.27 million yuan, an improvement of 81.9 percent year on year. In the second quarter, operating revenue was 53.62 million yuan, up 24.5 percent year on year, and the net loss attributable to the parent company was 24.25 million yuan, narrowing from a loss of 37.4 million yuan in the same period last year. As of the end of the second quarter, total assets were 629 million yuan, down 12.4 percent from the end of the previous year, and net assets attributable to the parent company were 592 million yuan, down 9.0 percent. The company said its operating business did not undergo major changes during the reporting period, and that it mainly strengthened business expansion and cost control, with operating conditions stabilizing.

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