Shanghai Industrial Development reports net loss of 258 million yuan in 2026 interim report, narrowing year-on-year

Earnings
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Shanghai Industrial Development released its 2026 interim report, with net profit attributable to the parent company at negative 258 million yuan, an improvement of 497 million yuan compared with the same period last year, narrowing the loss. The company's total operating revenue was 1.016 billion yuan, and net cash outflow from operating activities was 507 million yuan, an increase of 621 million yuan compared with the same period last year, achieving improvement for two consecutive years. The latest asset-liability ratio was 59.23 percent, gross margin was 12.35 percent, up 1.68 percentage points from the previous quarter, and return on equity was negative 2.53 percent, an increase of 4.80 percentage points from the same period last year. Diluted earnings per share were negative 0.14 yuan, an increase of 0.27 yuan from the same period last year. The company had 35,500 shareholders, and the top ten shareholders held 64.75 percent of the total share capital.

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