Saifutian disclosed its semi-annual report for 2026. In the first half of the year, the company achieved total operating revenue of 595 million yuan, down 43.89 percent year on year. Net profit attributable to the parent company was a loss of 32.44 million yuan, compared with a profit of 3.08 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 34.21 million yuan, compared with a profit of 1.79 million yuan a year earlier. Net cash flow from operating activities was negative 71.93 million yuan, versus 181 million yuan in the prior-year period. During the reporting period, basic earnings per share were negative 0.11 yuan, and the weighted average return on equity was negative 7.13 percent. The company is mainly engaged in the production and sale of steel wire ropes and rigging accessories, as well as photovoltaic cells, and also provides architectural design and EPC management services.
Jiangsu Safety Wire RopeCompany reported a net loss of 32.44 million yuan for H1 2026, versus a profit a year earlier, with revenue down 43.89%.
