Silkroad Visual Narrows Non-GAAP Loss to 930,000 Yuan in First Half

Earnings
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Silkroad Visual released its 2026 interim report. Revenue reached 369 million yuan, up 33.2 percent year on year. Net profit attributable to shareholders swung from a loss of 80.26 million yuan a year earlier to a profit of 1.06 million yuan. Non-GAAP net profit attributable to shareholders narrowed from a loss of 82.15 million yuan to a loss of 930,000 yuan. Net operating cash flow was negative 13.68 million yuan, an improvement of 48.9 percent year on year. Earnings per share were 0.0087 yuan. In the second quarter, revenue was 248 million yuan, up 47.6 percent year on year. Net profit attributable to shareholders went from a loss of 53.23 million yuan a year earlier to a loss of 10.67 million yuan. Non-GAAP net profit attributable to shareholders went from a loss of 55.23 million yuan to a loss of 11.8 million yuan. As of the end of the second quarter, total assets were 1.493 billion yuan, down 6.0 percent from the end of last year. Net assets attributable to shareholders were 415 million yuan, up 0.2 percent from the end of last year. The company said its main business, major products and services, and operating model remained unchanged during the reporting period. It continued to focus on integrated digital visual services, benefiting from the stabilization of its digital exhibition business and increased innovation investment. Despite external challenges from macroeconomic cyclical fluctuations and local government budget constraints, the company improved overall operating efficiency through better project management and cost control, successfully turning losses into profits.

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