Sichuan Shuangma announced that its wholly-owned subsidiary, Chengdu Harmony Shuangma Technology, has paid back income tax of 183.2 million yuan and late fees of 61.5 million yuan, totaling 244.7 million yuan, as required by tax authorities. The payment has been completed and does not involve tax administrative penalties. This back payment will be charged to the company's current profit and loss for the first half of 2026, resulting in an estimated loss of 22 million to 32 million yuan for the period. Excluding this impact, net profit attributable to shareholders of the listed company for the first half increased by about 66% to 73% compared with the same period last year, mainly due to strong overall returns from the company's invested funds.
Sichuan Shuangma Cement Co LtdSubsidiary paid back taxes and late fees totaling 244.7 million yuan, reducing first-half profit.
Subsidiary paid back taxes and late fees, impacting parent's earnings.
