Tiancheng Technology released its 2026 half-year report, showing first-half net profit attributable to the parent of 61.61 million yuan, up 67.7% year on year. Operating revenue was 306 million yuan, up 43.7% year on year. Net profit attributable to the parent after deducting non-recurring items was 57.67 million yuan, up 81.7% year on year. Net operating cash flow was 9.4 million yuan, down 67.4% year on year. Earnings per share were 0.49 yuan. In the second quarter, operating revenue was 162 million yuan, up 45.0% year on year. Net profit attributable to the parent was 31.67 million yuan, up 78.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 29.54 million yuan, up 98.1% year on year. As of the end of the second quarter, total assets were 1.459 billion yuan, up 7.8% from the end of the previous year. Net assets attributable to the parent were 1.242 billion yuan, up 3.9% from the end of the previous year. The company said that during the reporting period its main business was the research, development, production and sale of specialty electronic chemicals for electronic circuits, and that it achieved cost reduction and efficiency gains by optimizing the product sales mix, increasing research and development investment, and controlling costs and expenses.
Guangdong Skychem Technology Co. Ltd. AFirst-half net profit up 67.7% and revenue up 43.7%, with strong Q2 growth.
