Songcheng Performance Development released its 2026 half-year report. First-half net profit attributable to the parent company was 347 million yuan, down 14.38% year on year. Operating revenue was 962 million yuan, down 11.43% year on year. Net profit attributable to the parent after deducting non-recurring items was 329 million yuan, down 15.63% year on year. Net operating cash flow was 350 million yuan, down 46.92% year on year. Second-quarter operating revenue was 428 million yuan, down 17.5% year on year, and net profit attributable to the parent was 136 million yuan, down 11.5% year on year. The company said it will continue to use the theme park plus cultural performance model as its foundation, while advancing an AI empowerment strategy to improve operational efficiency.
Songcheng Performance DevelopFirst-half net profit fell 14.38% and revenue fell 11.43% year on year.
