Guizhou Wire Rope posts net loss of 106 million yuan in 2026 interim report, widening losses

Earnings
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Guizhou Wire Rope released its 2026 interim report, showing total operating revenue of 858 million yuan, down 10.29 percent year on year, and a net loss attributable to the parent of 106 million yuan, a wider loss than the same period last year, down 67.2828 million yuan. Net cash flow from operating activities was negative 108 million yuan, down 61.3915 million yuan year on year. The company's asset-liability ratio rose to 70.11 percent, gross margin fell to 1.59 percent, return on equity was negative 7.69 percent, and diluted earnings per share was negative 0.43 yuan.

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