ST Jinhong turns profitable in first half of 2026 with net profit of 12.67 million yuan

Earnings
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ST Jinhong released its 2026 semi-annual report, showing net profit attributable to the parent company of 12.67 million yuan for the first half, swinging from a loss to a profit year on year. The company achieved total operating revenue of 653 million yuan, up 1.87 percent year on year. Deducted non-recurring net loss was 6.67 million yuan, compared with a loss of 22.25 million yuan in the same period last year. Net cash flow from operating activities was 53.95 million yuan, up 101.04 percent year on year. Basic earnings per share during the reporting period were 0.0186 yuan, and the weighted average return on equity was 7.67 percent. The company's main business is comprehensive natural gas utilization, including gas source development and transmission, long-distance pipeline network construction and management, and urban gas operation and sales.

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