Songyang Resources reports net loss of 29.2372 million yuan in 2026 interim report

Earnings
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Songyang Resources released its 2026 interim report. Total operating revenue was 280 million yuan, net profit attributable to the parent company was a loss of 29.2372 million yuan, and net cash flow from operating activities was a negative 11.4633 million yuan. The company's latest asset-liability ratio was 75.42 percent, up 1.84 percentage points from the previous quarter and up 9.14 percentage points from the same period last year. Gross margin was negative 0.19 percent, return on equity was negative 13.41 percent, and diluted earnings per share was negative 0.14 yuan. The number of shareholders was 14,700, and the top ten shareholders held 34.97 percent of total share capital.

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