Suning.com released its 2026 semi-annual report, recording net profit attributable to shareholders of the listed company of 127 million yuan in the first half, up 161.41 percent year on year. However, operating revenue was 18.55 billion yuan, down 28.35 percent year on year, and net profit after deducting non-recurring items showed a loss of 2.55 billion yuan. The company said that excluding the impact of asset impairment losses and other factors, net profit after deducting non-recurring items was negative 1.093 billion yuan, with the second-quarter loss narrowing by 207 million yuan from the previous quarter. Suning is advancing its business system of one body, two wings, one driver and one core. Instant retail order volume grew 46 percent year on year, overseas business sales scale grew 30.14 percent year on year, and government and enterprise business revenue grew 22.6 percent year on year. At the same time, Suning plans to transfer 100 percent equity in Nanjing Ningqida Logistics Company Limited at a price of no less than 1 yuan. The company's net assets are negative 1.593 billion yuan.
Suning Commerce Group Co LtdH1 net profit of 127M yuan up 161% YoY but revenue down 28.35% and non-recurring-adjusted loss of 2.55B yuan — mixed earnings picture.
