XinJiang GuoTong Pipeline Co LtdInterim loss widened to 101 million yuan, revenue down, margins and ROE deteriorated.

Guotong United released its 2026 interim report, showing total operating revenue of 170 million yuan, down 10.47 percent year on year. Net profit attributable to the parent company was negative 101 million yuan, a decrease of 75.3055 million yuan compared with the same period last year, with the loss widening. Net cash inflow from operating activities was 14.3914 million yuan, an increase of 43.9508 million yuan year on year. The company's asset-liability ratio rose to 92.16 percent, gross margin fell to 17.89 percent, return on equity was negative 52.89 percent, and diluted earnings per share was negative 0.54 yuan. The number of shareholders was 13,200, and the top ten shareholders held 52.99 percent of the shares.
XinJiang GuoTong Pipeline Co LtdInterim loss widened to 101 million yuan, revenue down, margins and ROE deteriorated.