Sifang New Materials Returns to Profit in First Half of 2026

Earnings
โดย 中国证券报·CN·Read original
Summary · why it matters

Sifang New Materials disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 428 million yuan, down 20.82 percent year on year, but net profit attributable to the parent company was 7.32 million yuan, turning from a loss to a profit compared with the same period last year. Net profit after deducting non-recurring items was a loss of 0.83 million yuan, sharply narrowing from a loss of 43.35 million yuan in the same period last year. Net cash flow from operating activities was 45.87 million yuan, down 67.82 percent year on year. The company focuses on the research, production and sales of ready-mixed concrete, while also producing sand and gravel aggregates for construction. During the reporting period, the company's total non-recurring gains and losses were 8.15 million yuan, including debt restructuring gains and losses of 7.93 million yuan.

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