Ningbo Kbe Electrical Technology CoNet profit of 110 million yuan with negative operating cash flow and declining margins

Kabei Yi released its 2026 interim report on August 29, 2026. During the reporting period, the company achieved total operating revenue of 2.235 billion yuan and net profit attributable to the parent of 110 million yuan. Net cash flow from operating activities was negative 205 million yuan, a decrease of 413 million yuan compared with the same period last year, down 198.59 percent year on year. The company's asset-liability ratio was 71.18 percent, up 2.05 percentage points from the previous quarter and up 7.72 percentage points from the same period last year. Gross margin was 9.60 percent, down 0.43 percentage points from the previous quarter and down 2.45 percentage points from the same period last year. Diluted earnings per share were 0.43 yuan, down 6.52 percent year on year.
Ningbo Kbe Electrical Technology CoNet profit of 110 million yuan with negative operating cash flow and declining margins