Shandong Synthesis Electronic Technology Co LtdFirst-half loss narrowed and Q2 turned profitable, with revenue up 12.3%.

Shenshi Electronics released its 2026 half-year report, with operating revenue of 216 million yuan, up 12.3 percent year on year. Net profit attributable to the parent company narrowed from a loss of 58.82 million yuan in the same period last year to a loss of 31.11 million yuan. Net profit attributable to the parent company after deducting non-recurring items narrowed from a loss of 62.23 million yuan in the same period last year to a loss of 32.4 million yuan. Second-quarter operating revenue was 160 million yuan, up 44.1 percent year on year, and net profit attributable to the parent company turned positive at 3.6 million yuan. The company said that during the reporting period its business focused on smart city, smart energy, smart healthcare and identity authentication, with AI plus smart city business achieving significant revenue growth.
Shandong Synthesis Electronic Technology Co LtdFirst-half loss narrowed and Q2 turned profitable, with revenue up 12.3%.