CICT Mobile Communication Technology Co. Ltd. ANet loss of 34.2226 million yuan, though narrowed year-on-year, remains negative.

CICT Mobile released its 2026 interim report. Total operating revenue was 2.54 billion yuan, a slight year-on-year increase of 0.09 percent. Net profit attributable to the parent company was negative 34.2226 million yuan, narrowing the loss by 27.5163 million yuan compared with the same period last year. Net cash flow from operating activities was negative 194 million yuan. The asset-liability ratio was 57.28 percent. Gross margin was 25.79 percent, up 3.72 percentage points from the previous quarter. Diluted earnings per share were negative 0.01 yuan, an improvement of 0.01 yuan from the same period last year. Inventory turnover was 1.32 times, rising for three consecutive years. The number of shareholders was 58,400, and the top ten shareholders held 70.99 percent of total share capital.
CICT Mobile Communication Technology Co. Ltd. ANet loss of 34.2226 million yuan, though narrowed year-on-year, remains negative.