Fujian Nanwang Environment Protection Scien-Tech Co. Ltd. ANet profit turned to a loss of 12.55 million yuan from a profit of 2.33 million yuan year-on-year.

Nanwang Technology disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 906 million yuan, up 16.60% year-on-year, but net profit attributable to the parent company showed a loss of 12.5488 million yuan, compared with a profit of 2.3271 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 16.4166 million yuan, compared with a profit of 1.7794 million yuan a year earlier. Net cash flow from operating activities was 19.193 million yuan, up 2.90% year-on-year. The company's main business is the research, manufacturing and sales of packaging such as eco-friendly paper bags, food packaging, non-woven bags, labels and cash register paper.
Fujian Nanwang Environment Protection Scien-Tech Co. Ltd. ANet profit turned to a loss of 12.55 million yuan from a profit of 2.33 million yuan year-on-year.