Ellington Electronics released its 2026 interim report, showing first-half net profit attributable to the parent fell 58.6% year-on-year to 108 million yuan. Operating revenue was 2.11 billion yuan, up 3.7% year-on-year; non-GAAP net profit attributable to the parent was 98.26 million yuan, down 60.5% year-on-year; net operating cash flow was 426 million yuan, down 7.1% year-on-year; earnings per share were 0.1079 yuan. In the second quarter, operating revenue was 1.18 billion yuan, up 7.9% year-on-year; net profit attributable to the parent was 70.11 million yuan, down 51.4% year-on-year. As of the end of the second quarter, total assets were 7.148 billion yuan, up 13.3% from the end of the previous year; net assets attributable to the parent were 4.218 billion yuan, down 2.2% from the end of the previous year. The company said its main business and operating model did not undergo major changes during the reporting period. It continued to deepen its key account strategy, with stable orders from core overseas customers and growing orders from domestic strategic customers, while its Thailand production base has begun trial production.
Guangdong Ellington Electronics Technology Co LtdFirst-half net profit fell 58.6% year-on-year to 108 million yuan, with non-GAAP profit down 60.5%.
