Liande Equipment released its 2026 half-year report, showing first-half net profit attributable to the parent of 52.6 million yuan, down 28.0% year on year. Operating revenue was 586 million yuan, down 8.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 50.6 million yuan, down 29.8% year on year. Net operating cash flow was negative 13.54 million yuan, down 105.8% year on year. Second-quarter operating revenue was 290 million yuan, up 7.6% year on year, while net profit attributable to the parent was 25.42 million yuan, down 16.1% year on year. The company said that due to changes in the external macro environment and intensifying industry competition, some customers slowed production line construction and commissioning, leading to lower revenue, while product mix adjustments and gross margin falling short of expectations caused net profit to decline.
Shenzhen Liande Automatic Equipment Co LtdFirst-half net profit fell 28% and revenue declined 8%, with cash flow turning negative.
