Hanhe Cable's 2026 interim report shows net profit of 314 million yuan

Earnings
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Hanhe Cable released its 2026 interim report, with total operating revenue of 5.735 billion yuan and net profit attributable to the parent company of 314 million yuan. Net cash outflow from operating activities was negative 968 million yuan, a decrease of 432 million yuan compared with the same period last year. The company's asset-liability ratio was 36.79%, gross margin was 13.47%, and diluted earnings per share was 0.09 yuan. The number of shareholders was 230,600, and the top ten shareholders held 69.56% of the total share capital.

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Qingdao Hanhe Cable Co Ltd
002498
± MixedCapitalrelevance

Interim report shows net profit of 314 million yuan, but operating cash flow is negative and margins are low.