Shanghai SMI Holding Co Ltd600649
Mentioned
Chengtou Holding issued an announcement, expecting a loss of 50 million to 75 million yuan in the first half of 2026, turning from a profit in the same period last year. After deducting non-recurring items, the loss is expected to be 40 million to 60 million yuan. The company stated that the main reason for the performance change is a reduction in project deliveries in the first half of the year, leading to a decline in operating revenue and net profit, while fluctuations in the securities market caused a drop in the fair value of financial assets such as stocks and funds held by the company. In the first quarter of 2026, Chengtou Holding achieved revenue of 853 million yuan and net profit attributable to shareholders of 7.27 million yuan.
Shanghai SMI Holding Co Ltd