Fuhuang Steel Structure reports net loss of 386 million yuan in 2026 interim results

Earnings
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Fuhuang Steel Structure has released its 2026 interim report, showing a swing from profit to loss. Net profit attributable to the parent company was negative 386 million yuan, a decrease of 416 million yuan compared with the same period last year, down 1,359.73 percent year on year. Total operating revenue was 227 million yuan, down 86.83 percent year on year. Net cash outflow from operating activities was 409 million yuan, down 287.04 percent year on year. The company's asset-liability ratio rose to 75.35 percent, gross margin was negative 37.27 percent, and diluted earnings per share were negative 0.89 yuan.

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