Kangpeng Technology swings to a net loss in its 2026 interim report

Earnings
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Kangpeng Technology released its 2026 interim report, with net profit attributable to the parent company at negative 40.79 million yuan, swinging from profit to loss. Total operating revenue was 311 million yuan, down 28.72 percent from the same period last year. Net cash flow from operating activities was negative 23.72 million yuan, down 130.55 percent year on year. The company's latest gross margin was 7.04 percent, down 8.46 percentage points from the previous quarter. Diluted earnings per share were negative 0.08 yuan, down 233.33 percent from a year earlier.

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