Kexin Mechanical and Electrical disclosed its 2026 semi-annual report. In the first half of the year, total operating revenue was 512 million yuan, down 13.41% year on year. Net profit attributable to the parent company was 41.42 million yuan, down 20.64% year on year. Net profit after deducting non-recurring items was 37.54 million yuan, down 22.39% year on year. Net cash flow from operating activities was 47.74 million yuan, compared with negative 19.50 million yuan in the same period last year. During the reporting period, basic earnings per share was 0.1512 yuan, and the weighted average return on net assets was 2.51%, down 0.68 percentage points year on year. The company is mainly engaged in the design, research and development, and manufacturing of high-end heavy-duty process equipment and system integration in fields such as nuclear power and military industry, new energy, new materials, natural gas chemicals, petroleum refining, and coal chemicals.
Sichuan Kexin Mechanic ElectricNet profit fell 20.64% year on year in H1 2026, with revenue down 13.41%.
