Qiaoyin Environmental Tech Co LtdFirst-half net profit down 65.08% year on year, with revenue down 12.76%, reflecting weak earnings.

Qiaoyin Co. disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.632 billion yuan, down 12.76% year on year. Net profit attributable to shareholders of the listed company was 43.57 million yuan, down 65.08% year on year. Basic earnings per share were 0.11 yuan. The company said the phased decline in revenue and profit was a strategic adjustment made in line with the industry environment, proactively advancing risk control, optimizing the business structure, prudently making asset impairment provisions, and pre-accruing potential litigation losses. Overall operations remain stable and the foundation of the main business is solid.
Qiaoyin Environmental Tech Co LtdFirst-half net profit down 65.08% year on year, with revenue down 12.76%, reflecting weak earnings.