ST Xifa released its 2026 half-year report. Operating revenue was 200 million yuan, up 1.4% year on year. Net profit attributable to the parent was 22.18 million yuan, down 14.7% year on year. Net profit attributable to the parent after deducting non-recurring items was 19.64 million yuan, up 138.4% year on year. Net operating cash flow was 70.36 million yuan, up 5.4% year on year. Earnings per share were 0.0841 yuan. In the second quarter, operating revenue was 101 million yuan, up 8.5% year on year. Net profit attributable to the parent was 14.62 million yuan, down 23.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 12.58 million yuan, up 138.5% year on year. Earnings per share were 0.0554 yuan. As of the end of the second quarter, total assets were 1.444 billion yuan, up 4.3% from the end of the previous year. Net assets attributable to the parent were 636 million yuan, up 3.6% from the end of the previous year. The company's main business is the production and sale of beer. Its core brand, Lhasa Beer, has strong influence in the region, and it has launched new product lines including Huanchang, Kazhuo, Meiying, and Bingchun.
Tibet Galaxy Science & Technology Development Co LtdNet profit attributable to parent fell 14.7% year on year, though adjusted profit rose sharply.
