Dingxin Communications released its 2026 interim report. Operating revenue was 452 million yuan, down 35.8% year on year. Net profit attributable to the parent swung from a loss of 219 million yuan in the same period last year to a loss of 198 million yuan, narrowing the deficit. Second-quarter operating revenue was 255 million yuan, down 46.5% year on year, while the net loss attributable to the parent widened to 105 million yuan. As of the end of the second quarter, total assets stood at 3.441 billion yuan, down 9.8% from the end of the previous year, and net assets attributable to the parent were 2.302 billion yuan, down 7.9% from the end of the previous year. The company said its business transformation is underway, upgrading from an equipment supplier to an integrated solutions provider, but changes in the external environment caused a sharp decline in sales revenue, while rising raw material prices pulled overall gross margin lower.
Qingdao Topscomm Commun IncFirst-half revenue fell 35.8% and net loss narrowed but remained large; Q2 revenue dropped 46.5% and loss widened.
