Funeng Oriental Equipment Technology Co LtdNet loss widened to -66.24 million yuan, revenue fell 30.55%, and margins deteriorated.

ST Funeng released its 2026 interim report. During the reporting period, the company's total operating revenue was 258 million yuan, down 30.55% year-on-year. Net profit attributable to the parent company was negative 66.2367 million yuan, a decrease of 56.8415 million yuan compared with the same period last year, with the loss further widening. Net cash flow from operating activities was negative 14.8966 million yuan, a year-on-year decrease of 56.8415 million yuan. The company's asset-liability ratio rose to 78.99%, gross margin fell to 12.51%, ROE was negative 8.59%, and earnings per share was negative 0.09 yuan. The number of shareholders was 37,200, and the top ten shareholders held 24.84% of the total share capital.
Funeng Oriental Equipment Technology Co LtdNet loss widened to -66.24 million yuan, revenue fell 30.55%, and margins deteriorated.