Fasten Group released its 2026 interim report, with total operating revenue of 135 million yuan and net profit attributable to the parent company of negative 27.2022 million yuan, a decrease of 12.1673 million yuan compared with the same period last year, widening the loss. Net cash flow from operating activities was negative 62.8178 million yuan, down 545.22% year-on-year. The company's asset-liability ratio rose to 95.86%, gross margin fell to 1.43%, and ROE was negative 1775.61%. Diluted earnings per share were negative 0.06 yuan.
Jiangsu Fasten Co LtdNet loss widened, revenue down, cash flow negative, high leverage, and poor margins.
