Gaoxin Development's net profit for the first half of 2026 was 48.5361 million yuan

Earnings
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Gaoxin Development disclosed its 2026 semi-annual report. In the first half of the year, it achieved total operating revenue of 1.636 billion yuan, down 34.40 percent year on year. Net profit attributable to the parent company was 48.5361 million yuan, down 27.47 percent year on year. Non-recurring net profit was 47.8391 million yuan, down 3.75 percent year on year. Net cash flow from operating activities was 83.4572 million yuan, compared with negative 507 million yuan in the same period last year. Basic earnings per share were 0.138 yuan, and the weighted average return on equity was 2.18 percent. The company's main business is construction, and it is expanding into digital energy and power semiconductors and other industrial directions.

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