Haiyuan Composites released its 2026 interim report, with net profit attributable to the parent company at negative 48.5986 million yuan, an improvement of 16.0839 million yuan compared with the same period last year, narrowing the loss year on year. The company's total operating revenue was 176 million yuan, down 13.32 percent year on year. Net cash outflow from operating activities was 70.4123 million yuan, an increase of 47.6032 million yuan compared with the same period last year. The company's latest asset-liability ratio was 91.74 percent, up 3.01 percentage points from the previous quarter. Gross margin was negative 0.34 percent, and return on equity was negative 85.22 percent. Diluted earnings per share was negative 0.19 yuan, an improvement of 0.06 yuan compared with the same period last year.
Jiangxi Haiyuan Composites Technology Co LtdCompany reports net loss and negative gross margin, though loss narrowed year-on-year.