Huatong Co. posts net loss of 476 million yuan in 2026 interim report, swinging from profit to loss

Earnings
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Huatong Co. released its 2026 interim report, showing total operating revenue of 3.541 billion yuan, down 16.57 percent year on year. Net profit attributable to the parent company was a loss of 476 million yuan, swinging from profit to loss and down 553 million yuan from the same period last year, a decline of 725.52 percent. Net cash flow from operating activities was a negative 89.7257 million yuan, down 120.30 percent year on year. The company's asset-liability ratio rose to 67.02 percent, gross margin was negative 3.29 percent, return on equity was negative 14.18 percent, and diluted earnings per share was negative 0.59 yuan. The number of shareholders was 27,400, and the top ten shareholders held 50.85 percent of the total share capital.

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