Electronics City H1 revenue falls 25.7%, loss widens to 191 million yuan

Earnings
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Electronics City released its 2026 half-year report. First-half operating revenue was 426 million yuan, down 25.7% year on year, while net loss attributable to the parent widened to 191 million yuan, compared with a loss of 150 million yuan in the same period last year. Second-quarter revenue was 228 million yuan, down 21.9% year on year, and net loss attributable to the parent narrowed to 73.37 million yuan from 82.78 million yuan a year earlier. As of the end of the second quarter, total assets stood at 16.428 billion yuan, up 6.5% from the end of the previous year, and net assets attributable to the parent were 4.964 billion yuan, up 19.1%. The company said it actively advanced its technology services business in the first half, focusing on three segments: technology industry services, digital and intelligent space services, and technology-driven urban renewal, while cultivating emerging industry clusters in integrated circuits, quantum technology and industrial AI.

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