China Meheco's 2026 interim net profit was 249 million yuan, down 15.26% year on year

Earnings
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China Meheco released its 2026 interim report. Total operating revenue was 16.952 billion yuan, a decrease of 124 million yuan from the same period last year, down 0.73% year on year. Net profit attributable to the parent company was 249 million yuan, a decrease of 44.8481 million yuan from the same period last year, down 15.26% year on year. Net cash flow from operating activities was negative 863 million yuan, a decrease of 317 million yuan from the same period last year. The company's latest asset-liability ratio was 62.69%, gross margin was 10.86%, achieving three consecutive quarters of growth, ROE was 2.08%, and diluted earnings per share was 0.17 yuan. The number of shareholders was 124,600, and the top ten shareholders held 54.05% of the total share capital.

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