Shenhuafa A disclosed its 2026 half-year report. In the first half, it achieved operating revenue of 311 million yuan, down 31.83% year-on-year. Net profit attributable to shareholders of the listed company was 8.406 million yuan, down 41.38% year-on-year. Basic earnings per share were 0.0297 yuan. The company said that due to the combined impact of Middle East geopolitical conflicts and rising upstream supply chain prices, raw material procurement costs in the industry continued to climb, and cost pressure was transmitted to downstream end products, leading to weaker overall market demand, a simultaneous reduction in production and sales scale, and a sharp year-on-year decline in operating revenue.
Shenzhen Zhongheng Huafa Co Ltd Class ARising upstream supply chain prices increased raw material costs, squeezing margins and reducing production/sales.
