Hongxing Shares released its 2026 half-year report, showing net profit attributable to the parent of 15.79 million yuan in the first half, up 37.5% year on year. Operating revenue was 843 million yuan, up 2.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 11.35 million yuan, up 35.1% year on year. Net operating cash flow was negative 34.61 million yuan, down 2,987.7% year on year. Earnings per share were 0.12 yuan. In the second quarter, operating revenue was 364 million yuan, down 4.2% year on year. Net profit attributable to the parent changed from a loss of 9.16 million yuan in the same period last year to a loss of 6.69 million yuan, narrowing the loss. As of the end of the second quarter, total assets were 2.069 billion yuan, down 1.1% from the end of the previous year. Net assets attributable to the parent were 1.289 billion yuan, up 0.03% from the end of the previous year. The company's main business focuses on the research, design, production and sales of homewear, covering brands such as Fenteng and Malunsa, and continues to promote supply chain efficiency improvements and the application of digital and AI technologies.
Guangdong Hongxing Industrial Co. Ltd.First-half net profit attributable to parent rose 37.5% to 15.79 million yuan, with revenue up 2.5%.
