Bixing IoT's 2026 interim net loss widens to 30.56 million yuan

Earnings
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Bixing IoT released its 2026 interim report. Total operating revenue was 104 million yuan, down 6.58% year on year. Net profit attributable to the parent company was negative 30.56 million yuan, with the loss widening by 6.64 million yuan compared with the same period last year. Net cash flow from operating activities was negative 6.97 million yuan. The asset-liability ratio was 23.00%, gross margin was 21.88%, return on equity was negative 3.10%, and diluted earnings per share was negative 0.39 yuan. The company had 4,790 shareholders, and the top ten shareholders held 60.85% of the shares.

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