ST Meichen's net loss narrows to 34.7684 million yuan in 2026 interim report

Earnings
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ST Meichen released its 2026 interim report, with total operating revenue of 963 million yuan, up 11.59% year on year, and net profit attributable to the parent company of negative 34.7684 million yuan, narrowing the loss by 56.6003 million yuan compared with the same period last year, achieving four consecutive years of improvement. Net cash inflow from operating activities was 148 million yuan, up 509.81% year on year. The company's asset-liability ratio was 96.83%, gross margin was 13.09%, ROE was negative 175.50%, and diluted earnings per share was negative 0.02 yuan. The number of shareholders was 32,300, and the top ten shareholders held 33.08% of total share capital.

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