Tongye Technology's 2026 interim net profit falls 44.69% year-on-year

Earnings
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Tongye Technology released its 2026 interim report, with net profit attributable to the parent company at 10.4444 million yuan, down 44.69% from the same period last year. Total operating revenue was 178 million yuan, down 5.54% year-on-year; net cash inflow from operating activities was 25.4419 million yuan. The latest asset-liability ratio was 40.81%, up 2.79 percentage points from the same period last year; gross margin was 40.35%, down 2.68 percentage points; ROE was 1.59%, down 1.60 percentage points. Diluted earnings per share were 0.07 yuan, down 44.98% year-on-year.

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