Riyue Heavy Industry disclosed its 2026 semi-annual report on August 28. In the first half, total operating revenue reached 2.555 billion yuan, down 20.79% year on year. Net profit attributable to the parent company was 162 million yuan, down 42.79% year on year. Net profit after deducting non-recurring items was 139 million yuan, down 46.54% year on year. Net cash flow from operating activities was 359 million yuan, compared with negative 224 million yuan in the same period last year. Basic earnings per share were 0.16 yuan, and the weighted average return on equity was 1.55%, down 1.21 percentage points year on year. As of the end of the first half, the company's inventory book value was 1.681 billion yuan, accounting for 15.98% of net assets and up 308 million yuan from the end of last year.
Riyue Heavy Industry Co LtdH1 2026 net profit fell 42.79% YoY and revenue dropped 20.79% YoY, a clear earnings deterioration.
