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

Earnings
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Kechuan Technology released its 2026 interim report, with net profit attributable to the parent company at negative 28.28 million yuan, a decrease of 53.49 million yuan from the same period last year, down 212.18 percent year on year. The company's total operating revenue was 449 million yuan, and net cash flow from operating activities was negative 25.03 million yuan, a decrease of 112 million yuan from the same period last year. The latest asset-liability ratio was 39.96 percent, gross margin was 7.37 percent, return on equity was negative 2.70 percent, and diluted earnings per share was negative 0.15 yuan.

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