Qixia Construction's 2026 interim report shows net loss of 627 million yuan, swinging from profit to loss year-on-year

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Qixia Construction released its 2026 interim report. Total operating revenue was 782 million yuan, down 3.062 billion yuan or 79.67% year-on-year. Net profit attributable to the parent company was negative 627 million yuan, a decrease of 694 million yuan or 1,048.00% year-on-year, swinging from profit to loss. Net cash flow from operating activities was negative 148 million yuan, down 183.83% year-on-year. The company's asset-liability ratio rose to 95.11%, gross margin was 13.18%, return on equity was negative 88.08%, and diluted earnings per share was negative 0.60 yuan. The number of shareholders was 31,500, and the top ten shareholders held 52.12% of the total share capital.

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