China Publishing Group disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 1.918 billion yuan, down 8.58% year on year. Net profit attributable to the parent company was 15.4307 million yuan, down 88.39% year on year. Net profit after deducting non-recurring items was a loss of 59.6122 million yuan, compared with a profit of 68.9617 million yuan in the same period last year. Net cash flow from operating activities was negative 246 million yuan, compared with negative 250 million yuan in the same period last year. During the reporting period, the company's basic earnings per share were 0.0081 yuan, and the weighted average return on equity was 0.15%. Total non-recurring gains and losses were 75.0429 million yuan, of which government subsidies recognised in current profit or loss were 38.56 million yuan. As of the end of the first half of 2026, the company's inventory book value was 2.319 billion yuan, accounting for 23.04% of net assets, an increase of 88.7799 million yuan from the end of the previous year.
China Publishing & Media HldgNet profit attributable to parent fell 88.39% year on year, with a loss after deducting non-recurring items.
