Huachangda Intelligent Equipment Group Co LtdNet loss of 19.17 million yuan vs profit last year, driven by credit and asset impairments and higher costs.

Huachangda released its 2026 semi-annual report. During the reporting period, it achieved operating revenue of 1.249 billion yuan, up 25.02% year on year, but net profit attributable to shareholders of the listed company was a loss of 19.1691 million yuan, compared with a profit of 2.6364 million yuan in the same period last year, turning from profit to loss year on year. The company's revenue growth was mainly driven by a 63.71% surge in revenue from automated conveying and intelligent assembly production lines to 831 million yuan. However, it was dragged down by credit impairment losses of 22.1172 million yuan and asset impairment losses of 11.5568 million yuan, totaling more than 33 million yuan, as well as higher costs in overseas business and expanded exchange losses, putting pressure on profitability. In addition, revenue from industrial robot integration equipment plunged 68.84% year on year, with gross margin down 14.67 percentage points.
Huachangda Intelligent Equipment Group Co LtdNet loss of 19.17 million yuan vs profit last year, driven by credit and asset impairments and higher costs.