ST Suning, also known as Suning.com, has released its 2026 semi-annual report. First-half revenue was 18.554 billion yuan, down 28.35 percent year on year. Net profit attributable to the parent company was 127 million yuan, up 161.41 percent year on year. Net loss attributable to the parent after deducting non-recurring items was 2.55 billion yuan, with the loss widening 194.42 percent year on year. Suning.com continued to push forward debt settlements and disposal of risk assets. Total liabilities fell by 7.738 billion yuan from the beginning of the period, and the asset-liability ratio dropped by 1.15 percentage points from the beginning of the period. At the same time, the company plans to transfer 100 percent equity in Nanjing Ningqida Logistics for no less than 1 yuan. The expected profit from the deal accounts for more than 100 percent of the listed company's audited net profit in the most recent fiscal year, and the absolute amount exceeds 5 million yuan.
Suning Commerce Group Co LtdFirst-half net profit of 127 million yuan (up 161.41% yoy) but net loss after non-recurring items widened 194.42% yoy, alongside debt reduction and a planned 1-yuan logistics subsidiary sale.
