Kailong Co. disclosed its 2026 semi-annual report, with net profit attributable to the parent company of 77.03 million yuan in the first half, down 27.93% year on year. The company achieved total operating revenue of 1.713 billion yuan, down 1.61% year on year. Net profit after deducting non-recurring items was 64.34 million yuan, down 32.36% year on year. Net cash flow from operating activities was negative 39.10 million yuan, compared with 278 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.15 yuan, and the weighted average return on net assets was 2.92%, down 1.26 percentage points year on year. The company's main business is the production and sale of civil explosive materials, ammonium nitrate and compound fertilizers, nano calcium carbonate and stone products, and it also provides blasting services.
Hubei Kailong Chemical Group Co LtdFirst-half net profit down 27.93% year on year, with operating cash flow turning negative.
