Mengcao Ecology disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 611 million yuan, down 25.75% year on year. Net profit attributable to the parent company was a loss of 72.7359 million yuan, compared with a profit of 50.0524 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 94.641 million yuan, compared with a profit of 24.2703 million yuan a year earlier. Net cash flow from operating activities was negative 337 million yuan, compared with negative 321 million yuan in the prior-year period. Basic earnings per share were negative 0.05 yuan, and the weighted average return on net assets was negative 1.73%. The company is mainly engaged in forage technology innovation, ecological restoration and other businesses.
M Grass Ecology and Environment Group Co LtdH1 2026 revenue fell 25.75% and net profit swung to a loss of 72.7359 million yuan from a year-earlier profit.
