Sichuan Meifeng posts net loss of 53.45 million yuan in 2026 interim report

Earnings
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Sichuan Meifeng released its 2026 interim report, with net profit attributable to the parent company at negative 53.45 million yuan, swinging from profit to loss year on year. Total operating revenue was 1.891 billion yuan, up 1.72 percent year on year, but net profit attributable to the parent company fell by 61.48 million yuan compared with the same period last year, a year-on-year decline of 765.57 percent. Net cash flow from operating activities was negative 259 million yuan, a decrease of 96.58 million yuan from the same period last year. The company's latest asset-liability ratio was 13.10 percent, gross margin was 8.35 percent, and diluted earnings per share was negative 0.10 yuan.

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