Eastern Communications released its 2026 interim report. First-half net profit attributable to the parent company was 321 million yuan, up 143.2% year on year. Operating revenue was 1.17 billion yuan, up 15.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 23.11 million yuan, up 790.1% year on year. Net operating cash flow was negative 300 million yuan, down 229.0% year on year. Earnings per share were 0.2554 yuan. In the second quarter, operating revenue was 621 million yuan, up 11.0% year on year. Net profit attributable to the parent was 278 million yuan, up 47.7% year on year. Net profit attributable to the parent after deducting non-recurring items was 12.79 million yuan, down 20.5% year on year. As of the end of the second quarter, total assets were 5.0 billion yuan, up 2.9% from the end of the previous year. Net assets attributable to the parent were 4.029 billion yuan, up 6.7% from the end of the previous year. The company said its main business has not undergone major changes, and it continues to focus on core industries such as information and communications, financial technology, and intelligent manufacturing, with all businesses developing steadily.
Eastern Communications Co Ltd ANet profit attributable to parent up 143.2% YoY, strong earnings growth.
Eastern Communications Co Ltd BNet profit attributable to parent up 143.2% YoY, strong earnings growth.
