SZZT Electronics released its 2026 interim report on August 28. In the first half of the year, the company achieved operating revenue of 518 million yuan, up 18.4 percent year on year. Net profit attributable to the parent turned from a loss of 35.61 million yuan in the same period last year to a profit of 5.72 million yuan. Net profit attributable to the parent after deducting non-recurring items turned from a loss of 36.33 million yuan in the same period last year to a profit of 1.71 million yuan. Net operating cash flow was 85.43 million yuan, down 40.4 percent year on year, and earnings per share were 0.0093 yuan. In the second quarter, the company's operating revenue was 272 million yuan, up 15.2 percent year on year. Net profit attributable to the parent turned from a loss of 28.89 million yuan in the same period last year to a profit of 3.93 million yuan, and net profit attributable to the parent after deducting non-recurring items turned from a loss of 28.58 million yuan in the same period last year to a profit of 3.54 million yuan. As of the end of the second quarter, the company's total assets were 5.673 billion yuan, up 1.6 percent from the end of the previous year, and net assets attributable to the parent were 1.784 billion yuan, up 1.3 percent from the end of the previous year. In the interim report, the company said that its main operating businesses remained stable during the reporting period. IDC and cloud computing, financial technology and other areas all maintained positive development. Demand for cabinet leasing grew, the scale of the IDC business expanded steadily, and computing power business was gradually implemented.
SZZT Electronics Co LtdReturned to profit in H1 2026, with net profit attributable to parent turning from a loss to 5.72 million yuan.
