Songcheng Performance Development reports first-half 2026 net profit of 347 million yuan, down 14.38% year on year

Earnings
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Songcheng Performance Development released its 2026 interim report, with net profit attributable to the parent company of 347 million yuan, down 14.38% from the same period last year. Total operating revenue was 962 million yuan, down 11.43% year on year. Net cash inflow from operating activities was 350 million yuan, down 46.92% year on year. The latest gross margin was 60.55%, down 5.17 percentage points from a year earlier. Diluted earnings per share were 0.13 yuan, down 14.43% year on year.

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