ST Yilu first-half revenue 189 million yuan, loss narrows to 312 million yuan

Earnings
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ST Yilu released its 2026 half-year report. Operating revenue was 189 million yuan, down 38.4 percent year on year. Net loss attributable to the parent narrowed to 312 million yuan from 317 million yuan a year earlier. Net loss attributable to the parent after deducting non-recurring items narrowed to 302 million yuan from 317 million yuan a year earlier. Operating cash flow was 9.38 million yuan, up 104.9 percent year on year. In the second quarter, operating revenue was 78.2 million yuan, down 23.7 percent year on year. Net loss attributable to the parent widened to 264 million yuan from 197 million yuan a year earlier. Net loss attributable to the parent after deducting non-recurring items widened to 248 million yuan from 196 million yuan a year earlier. As of the end of the second quarter, total assets were 7.654 billion yuan, down 4.9 percent from the end of the previous year. Net assets attributable to the parent were negative 2.264 billion yuan, down 16.0 percent from the end of the previous year. The company's operations changed significantly in the first half of 2026, mainly in smart transportation, data elements and intelligent storage. It continued to reshape its core smart transportation business, actively expanded emerging businesses such as vehicle-road-cloud integration and transportation, laid out trusted data spaces in the data elements field, and tackled key technologies in magneto-optical-electrical fusion storage in intelligent storage.

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