Newland reports first-half net profit attributable to parent of 690 million yuan, up 15.8% year on year

Earnings
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Newland released its 2026 interim report. Net profit attributable to the parent in the first half was 690 million yuan, up 15.8% year on year. Operating revenue was 5.5 billion yuan, up 42.8% year on year. Net profit attributable to the parent excluding non-recurring items was 584 million yuan, down 2.6% year on year. Net operating cash flow was negative 1.058 billion yuan, down 381.3% year on year. In the second quarter, operating revenue was 3.04 billion yuan, up 48.8% year on year, and net profit attributable to the parent was 409 million yuan, up 43.7% year on year. The company's intelligent terminal cluster achieved total operating revenue of 3.085 billion yuan, up 62.50% year on year, with accelerated expansion in overseas markets. The industry digitalization cluster achieved total operating revenue of 2.549 billion yuan, up 20.46% year on year.

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