Kibing Group released its 2026 interim report. Total operating revenue was 7.213 billion yuan, down 2.44 percent year on year. Net profit attributable to the parent company was negative 167 million yuan, a decrease of 1.058 billion yuan from the same period last year, down 118.76 percent year on year, swinging from profit to loss. Net cash inflow from operating activities was 120 million yuan, down 62.48 percent year on year. The company's asset-liability ratio was 57.36 percent, gross margin was 8.68 percent, return on equity was negative 1.16 percent, and diluted earnings per share was negative 0.06 yuan. The number of shareholders was 176,300, and the top ten shareholders held 43.16 percent of total share capital.
Zhuzhou Kibing Group Co LtdNet profit swung to a loss of 167 million yuan, down 118.76% YoY.
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