Black Peony reports net loss of 89.41 million yuan in 2026 interim report

Earnings
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Black Peony released its 2026 interim report, with net profit attributable to the parent company at negative 89.41 million yuan, swinging from profit to loss year-on-year. The company's total operating revenue was 1.32 billion yuan, down 16.69% from the same period last year. Net cash flow from operating activities was negative 318 million yuan, an increase of 174 million yuan compared with the same period last year. The company's latest asset-liability ratio was 59.73%, gross margin was 12.66%, and ROE was negative 0.86%.

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