Shijiazhuang Changshan Textile Co LtdFirst-half net loss widened to 113 million yuan and operating cash flow fell 69.7% year on year.

Changshan Beiming released its 2026 interim report. First-half operating revenue was 3.70 billion yuan, down 0.6 percent year on year. Net loss attributable to the parent company was 113 million yuan, widening from a loss of 92.99 million yuan in the same period last year. Net loss attributable to the parent after deducting non-recurring items was 122 million yuan, narrowing from a loss of 126 million yuan a year earlier. Net operating cash flow was negative 1.337 billion yuan, down 69.7 percent year on year. In the second quarter, operating revenue was 2.37 billion yuan, down 4.1 percent year on year, and net loss attributable to the parent was 11.81 million yuan, down 274.6 percent year on year. As of the end of the second quarter, total assets were 16.116 billion yuan, up 7.9 percent from the end of the previous year, while net assets attributable to the parent were 5.247 billion yuan, down 2.9 percent from the end of the previous year. The company is actively expanding its software business, cooperating with Huawei and H3C, and has built a 14.9-megawatt distributed photovoltaic power station in the new energy sector.
Shijiazhuang Changshan Textile Co LtdFirst-half net loss widened to 113 million yuan and operating cash flow fell 69.7% year on year.