Veken Technology disclosed its semi-annual report for 2026. In the first half, total operating revenue reached 838 million yuan, up 31.35 percent year on year, but net profit attributable to the parent company showed a loss of 37.28 million yuan, compared with a loss of 39.15 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 38.9 million yuan, versus a loss of 53.16 million yuan a year earlier. Net cash flow from operating activities was negative 39.1 million yuan, compared with negative 4.18 million yuan in the prior-year period. Basic earnings per share during the reporting period were negative 0.07 yuan, and the weighted average return on equity was negative 2.26 percent. The company's main businesses include consumer batteries, small power batteries, and sodium-ion battery energy storage.
Veken EliteCompany reported a net loss of 37.28 million yuan for H1 2026, though loss narrowed from prior year.
