Caihong Display Devices released its 2026 interim report, showing first-half net profit attributable to the parent of 99.97 million yuan, down 77.9% year on year. Operating revenue was 5.563 billion yuan, down 1.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 43.94 million yuan, down 89.2% year on year. Net operating cash flow was 1.864 billion yuan, down 7.5% year on year. Earnings per share were 0.028 yuan. In the second quarter, operating revenue was 2.82 billion yuan, up 4.4% year on year. Net profit attributable to the parent was 94.44 million yuan, down 27.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 62.99 million yuan, down 37.0% year on year. As of the end of the second quarter, total assets were 42.825 billion yuan, down 2.5% from the end of the previous year. Net assets attributable to the parent were 21.641 billion yuan, down 0.7% from the end of the previous year. The company's main business is the research, development, production and sale of substrate glass and display panels. During the reporting period, end-market demand for LCD panels grew structurally, with the share of large-size products rising. The company actively improved production line capabilities and steadily advanced construction of new G8.5+ LCD substrate glass production lines, with production, sales volume and sales revenue continuing to grow year on year.
Caihong Display Devices Co LtdFirst-half net profit attributable to parent fell 77.9% year on year to 99.97 million yuan.
