ST Tongpu first-half loss widens to 30.48 million yuan, revenue down 22.9% year on year

Earnings
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ST Tongpu released its 2026 interim report. Operating revenue was 296 million yuan, down 22.9% year on year. Net profit attributable to the parent swung from a loss of 23.3 million yuan in the same period last year to a loss of 30.48 million yuan, with the loss widening further. Net profit attributable to the parent after deducting non-recurring items swung from a loss of 17.74 million yuan in the same period last year to a loss of 24.55 million yuan, also widening further. Net operating cash flow was negative 115 million yuan, an improvement of 38.7% year on year. In the second quarter, operating revenue was 106 million yuan, down 43.6% year on year, and the net loss attributable to the parent was 18.96 million yuan, narrower than the loss in the same period last year. As of the end of the second quarter, total assets were 678 million yuan, down 16.2% from the end of the previous year, and net assets attributable to the parent were 204 million yuan, down 11.3% from the end of the previous year.

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