ST Haofeng's first-half net loss widens to 22.93 million yuan

Earnings
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ST Haofeng released its 2026 interim report, showing a first-half net loss that widened to 22.93 million yuan, compared with a loss of 7.06 million yuan in the same period last year. The company's operating revenue was 44.69 million yuan, down 56.0 percent year on year, mainly due to intensifying industry competition that led to a decline in business volume. In the second quarter, operating revenue was 20.04 million yuan, down 64.2 percent year on year, and net profit attributable to the parent company showed a loss of 13.89 million yuan. As of the end of the second quarter, the company's total assets stood at 510 million yuan, down 5.9 percent from the end of the previous year. The company focuses on industrial digital intelligence services and will continue to concentrate on technological innovation and market demand.

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