Nanjing Julong Science & Technology Co Ltd Class ANet profit fell 56.75% year-on-year despite revenue growth, indicating margin compression.

Nanjing Julong disclosed its 2026 semi-annual report, showing total operating revenue of 1.408 billion yuan in the first half, up 11.97% year on year, but net profit attributable to the parent company fell 56.75% to 24.81 million yuan. Non-GAAP net profit was 22.89 million yuan, down 58.85% year on year, while net cash flow from operating activities was 16.47 million yuan, compared with negative 53.16 million yuan in the same period last year. Basic earnings per share were 0.2242 yuan, and the weighted average return on equity was 2.29%, down 3.58 percentage points year on year. The company is mainly engaged in the research and development, production, manufacturing and sales of high-performance polymer new materials and advanced composite material applications.
Nanjing Julong Science & Technology Co Ltd Class ANet profit fell 56.75% year-on-year despite revenue growth, indicating margin compression.