Sanhui Electric posts net loss of 44.57 million yuan in first half

Earnings
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Sanhui Electric disclosed its 2026 interim report. In the first half, it achieved operating revenue of 103 million yuan, down 29.14 percent year on year, while net profit attributable to shareholders of the listed company was a loss of 44.57 million yuan, compared with a loss of 16.31 million yuan in the same period last year. The company said revenue from its energy storage business fell year on year, gross margin in the instrument and meter manufacturing business declined due to intensifying market competition, and the health and elderly care robot business is still in the expansion and cultivation stage, with heavy investment in research and development and early-stage planning pushing up overall operating costs. In addition, the company recognized share-based payment expenses corresponding to the 2024 and 2025 equity incentive plans, which also affected current profit and loss.

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