Nanji Guang released its 2026 half-year report, showing net profit attributable to the parent of 6.91 million yuan, down 90.5% year on year. Operating revenue was 278 million yuan, down 30.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 4.72 million yuan, down 93.4% year on year. Net operating cash flow was negative 16.92 million yuan, down 117.7% year on year. In the second quarter, net profit attributable to the parent was 670,000 yuan, down 98.5% year on year, while net profit after deducting non-recurring items showed a loss of 2.35 million yuan. The company said its LED backlight display module business was affected by macroeconomic fluctuations and weak downstream demand, causing overall operating performance to decline significantly compared with the same period last year.
Shen Zhen Australis Electronic Technology Co.Ltd.Company reports 90.5% drop in net profit due to weak downstream demand and macroeconomic fluctuations.
