ST Zhongzhuang's first-half 2026 net loss narrows by 374 million yuan year on year

Earnings
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ST Zhongzhuang announced its 2026 semi-annual report on August 28. In the first half, it achieved total operating revenue of 269 million yuan, down 34.13 percent year on year. Net loss attributable to the parent company was 22.02 million yuan, compared with a loss of 396 million yuan in the same period last year, narrowing the loss by 374 million yuan. Net loss after deducting non-recurring items was 22.25 million yuan, compared with a loss of 385 million yuan a year earlier. Net cash flow from operating activities was negative 43.53 million yuan, compared with negative 32.57 million yuan in the prior-year period. During the reporting period, basic loss per share was 0.01 yuan, and the weighted average return on equity was negative 2.04 percent, up 41.27 percentage points year on year. As of August 21, 2026, 18.89 percent of the company's shares were pledged. The largest shareholder, Shanghai Hengcen Enterprise Management Consulting, pledged 312 million shares, representing 100 percent of its total holdings.

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