Longbai Group's 2026 interim net profit was 844 million yuan, down 39.08% year-on-year

Earnings
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Longbai Group released its 2026 interim report. The company's total operating revenue was 14.422 billion yuan, and net profit attributable to the parent was 844 million yuan, a decrease of 541 million yuan from the same period last year, down 39.08% year-on-year. Net cash inflow from operating activities was 1.85 billion yuan. The asset-liability ratio was 55.55%, and the gross margin was 20.05%, down 3.57 percentage points from the same period last year. ROE was 3.70%, down 2.27 percentage points from the same period last year. Diluted earnings per share were 0.36 yuan, down 39.00% year-on-year. The number of shareholders was 102,300, and the top ten shareholders held 1.201 billion shares, accounting for 50.36% of the total share capital.

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LB Group Co Ltd
002601
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Net profit fell 39.08% year-on-year, with lower gross margin and ROE.