Tongfang Co., Ltd. disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 4.741 billion yuan, down 16.35 percent year on year. Net profit attributable to the parent company was a loss of 103 million yuan, compared with a profit of 145 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 233 million yuan, compared with a profit of 151 million yuan a year earlier. Net cash flow from operating activities was negative 219 million yuan, an improvement from negative 453 million yuan in the same period last year. During the reporting period, basic earnings per share were negative 0.03 yuan, and the weighted average return on net assets was negative 0.65 percent. Total non-recurring gains and losses amounted to 129 million yuan, including 95.0064 million yuan in debt restructuring gains and losses and 27.8203 million yuan in gains and losses on disposal of non-current assets. The company's main businesses cover public security, digital intelligence industries, and smart energy.
Tsinghuatongfang Co LtdFirst-half 2026 revenue fell 16.35% and net profit swung to a loss of 103 million yuan from a profit of 145 million yuan a year earlier.
