ST Yedao has released its 2026 interim report, showing a sharp rebound in revenue and a significant narrowing of losses, but operating cash flow has turned from positive to negative. During the reporting period, the company achieved operating revenue of 173 million yuan, up 94.00 percent year on year. Net profit attributable to the parent company was a loss of 7.54 million yuan, compared with a loss of 15.77 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 4.88 million yuan, also a narrower loss. Net cash flow from operating activities was a negative 22.72 million yuan, compared with a net inflow of 15.78 million yuan in the same period last year, mainly due to increased cash outflows for payments of goods, taxes and daily operating expenses. Selling expenses reached 26.35 million yuan, surging 421.38 percent year on year, mainly driven by a substantial increase in sales labour costs, e-commerce traffic acquisition spending and brand advertising. Investment income recorded a loss of 3.76 million yuan, mainly because the deregistration of an overseas subsidiary reclassified foreign currency financial statement translation differences as a current-period loss.
Hainan Yedao Group Co LtdRevenue up 94% and losses narrowed, but operating cash flow turned negative and selling expenses surged, presenting mixed financial results.
