LS Heavy Equipment released its 2026 interim report. Total operating revenue was 2.214 billion yuan, down 21.88% year on year. Net profit attributable to the parent company was negative 203 million yuan, swinging from profit to loss year on year, a decline of 5,255.62%. Net cash flow from operating activities was negative 280 million yuan, a decrease of 203 million yuan year on year. The company's asset-liability ratio rose to 77.93%, gross margin fell to 3.47%, return on equity was negative 8.12%, and diluted earnings per share was negative 0.16 yuan. The number of shareholders was 75,600, and the top ten shareholders held 52.36% of total share capital.
Lanzhou LS Heavy Equipment CoNet loss of 203 million yuan, revenue down 21.88%, and negative operating cash flow.