Fujian SuperpipeST Nacuan reported a net loss of 82.68 million yuan in H1 2026, wider than the prior-year loss, with negative operating cash flow.

ST Nacuan disclosed its 2026 semi-annual report. In the first half of the year, it achieved total operating revenue of 66.85 million yuan, up 88.10 percent year on year, but net profit attributable to the parent company showed a loss of 82.68 million yuan, compared with a loss of 76.66 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 60.65 million yuan, compared with a loss of 65.73 million yuan a year earlier. Net cash flow from operating activities was negative 18.44 million yuan, versus 5.95 million yuan in the prior-year period. During the reporting period, basic earnings per share were negative 0.0802 yuan, and the weighted average return on net assets was negative 26.01 percent. The company's main business consists of two parts: research, manufacturing and sales of water supply and drainage pipes, pipeline repair, pipeline engineering services, and investment and operation of pipe networks, as well as new energy business.
Fujian SuperpipeST Nacuan reported a net loss of 82.68 million yuan in H1 2026, wider than the prior-year loss, with negative operating cash flow.