BONC released its 2026 interim report. First-half operating revenue reached 1.1 billion yuan, up 16.9% year on year, but net profit attributable to the parent company widened to a loss of 79.68 million yuan, compared with a loss of 79.17 million yuan in the same period last year. Net profit attributable to the parent company excluding non-recurring items was a loss of 89.96 million yuan, narrowing from a loss of 97.78 million yuan a year earlier. Net operating cash flow was negative 304 million yuan, down 13.6% year on year. In the second quarter, revenue was 552 million yuan, up 25.3% year on year, while net profit attributable to the parent company was a loss of 52.66 million yuan, widening from a loss of 51.91 million yuan in the same period last year. As of the end of the second quarter, total assets stood at 11.372 billion yuan, up 14.5% from the end of the previous year, while net assets attributable to the parent company were 5.655 billion yuan, down 1.3%. The company said its main business covers enterprise-grade big data, artificial intelligence, cloud computing and the industrial internet. Buildings 2 and 3 of its intelligent computing centre in Horinger, Inner Mongolia, have been delivered and put into operation, and the computing power services business achieved significant growth.
Business intelligence of Oriental Nations Corp LtdFirst-half net loss widened to 79.68 million yuan despite revenue growth.
