Linzhou Heavy Machinery swings to loss with net profit of negative 60.29 million yuan in 2026 interim report

Earnings
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Linzhou Heavy Machinery released its 2026 interim report, showing total operating revenue of 405 million yuan, down 30.53 percent year on year. Net profit attributable to the parent company was negative 60.29 million yuan, a decrease of 111 million yuan compared with the same period last year, down 219.29 percent year on year, swinging from profit to loss. Net cash inflow from operating activities was 27.33 million yuan, down 82.18 percent year on year. The company's asset-liability ratio was 84.66 percent, gross margin was 13.36 percent, return on equity was negative 11.39 percent, and diluted earnings per share was negative 0.08 yuan.

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