Tongwei Shares released its 2026 half-year report. First-half net profit attributable to the parent was 55.14 million yuan, down 33.75% year-on-year, even as operating revenue rose 16.3% year-on-year to 598 million yuan. Net profit attributable to the parent after deducting non-recurring items was 51.3 million yuan, down 28.9% year-on-year, and net operating cash flow was negative 146 million yuan, down 378.2% year-on-year. In the second quarter, operating revenue rose 29.4% year-on-year to 325 million yuan, but net profit attributable to the parent fell 12.1% year-on-year to 27.38 million yuan. The company said there were no major changes in its main business during the reporting period. Research and development spending rose 16.7% year-on-year to 114 million yuan, and the company made progress in artificial intelligence and cloud platforms while stepping up efforts to expand in North America and European and American markets.
Shenzhen TVT Digital Technology Co LtdFirst-half net profit fell 33.75% year-on-year despite revenue growth.
