Quanfeng Auto's first-half net loss widens to 185 million yuan

Earnings
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Quanfeng Auto released its 2026 interim report, showing a first-half net loss that widened to 185 million yuan, compared with a loss of 167 million yuan in the same period last year. Operating revenue was 1.17 billion yuan, down 4.0 percent year on year. Net loss attributable to the parent after deducting non-recurring items was 192 million yuan, compared with a loss of 173 million yuan a year earlier. Net operating cash flow was negative 49.2 million yuan, down 350.7 percent year on year. In the second quarter, operating revenue was 647 million yuan, up 4.7 percent year on year, but net loss attributable to the parent was 78.82 million yuan, compared with a loss of 76.59 million yuan a year earlier. The company said that overall revenue declined due to a sharp drop in domestic vehicle market sales, but sales of new energy vehicle components rose significantly year on year, contributing more than 60 percent of total revenue.

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