Montnets Cloud Technology Group Co LtdFirst-half 2026 revenue fell 27% and net loss widened to 97.41 million yuan from a profit a year earlier.

Montnets Technology disclosed its 2026 semi-annual report. In the first half, it achieved total operating revenue of 1.123 billion yuan, down 27.04 percent year on year. Net profit attributable to the parent was a loss of 97.41 million yuan, compared with a profit of 9.24 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 106 million yuan, compared with a loss of 20.66 million yuan a year earlier. Net cash flow from operating activities was negative 81.87 million yuan, versus 187 million yuan in the prior-year period. Basic earnings per share were negative 0.12 yuan, and the weighted average return on equity was negative 6.42 percent.
Montnets Cloud Technology Group Co LtdFirst-half 2026 revenue fell 27% and net loss widened to 97.41 million yuan from a profit a year earlier.