Suncha Technology Co Ltd001211
▼ NegativeCapitalrelevance
Net profit declined due to FX losses and higher e-commerce costs despite revenue growth.
Impact on stocks 1
Others
Suncha Technology Co LtdSuncha Technology released its 2026 half-year report, with first-half operating revenue of 808 million yuan, up 17.11% year on year. Net profit attributable to the parent company was 7.86 million yuan, and net profit after deducting non-recurring items was 6.33 million yuan. The company strengthened its omnichannel marketing capabilities, stepped up e-commerce efforts, expanded the restaurant market, and grew revenue from products such as bamboo charcoal. However, due to exchange rate fluctuations, foreign exchange losses increased and financial expenses rose, while e-commerce channel costs also increased, leading to a decline in net profit. The company has built a diversified sales network covering all channels at home and abroad, and has laid out a factory in Vietnam to deepen its foreign trade business. As of the end of the reporting period, the company held 60 invention patents, 49 utility model patents and 106 design patents. Among them, the "Diamond Ceramic" material and bamboo-based cereal-plastic material developed in cooperation with the Ningbo Institute of Materials Technology and Engineering of the Chinese Academy of Sciences show commercial prospects, and Diamond Bamboo pallet products have been sent to prospective customers for testing. Going forward, the company will focus on its core main business, expand into the household consumables sector, and tap the market potential of restaurant scenarios.
Suncha Technology Co LtdNet profit declined due to FX losses and higher e-commerce costs despite revenue growth.