Jianyanyuan has released its 2026 interim report, showing a loss for the period while operating cash flow turned positive. Financial data show the company achieved operating revenue of 303 million yuan, down 6.54 percent year on year. Net profit attributable to the parent company was a loss of 6.13 million yuan, swinging from profit to loss compared with the same period last year. Net profit excluding non-recurring items was a loss of 6.62 million yuan. Net cash flow from operating activities was 2.89 million yuan, a significant improvement from a negative 5.76 million yuan in the same period last year, mainly due to reduced spending on outsourced and subcontracted services. The company's main business covers engineering testing, engineering design, engineering supervision, specialised construction and sales of new building materials, with engineering testing generating revenue of 225 million yuan in the first half. The change in performance was mainly due to a challenging industry environment and intensifying market competition, as slower growth in domestic fixed asset investment weakened demand for construction engineering technical services.
Suzhou Institute of Building Science Group Co LtdCompany swings to a loss due to weakened demand for construction engineering technical services from slower fixed asset investment growth.
