Jiang Su Wujin Stainless Steel Pipe Group Co LtdCompany swung to a net loss of 49.14 million yuan in its 2026 interim report, with revenue down 26.79% and negative operating cash flow.

Wujin Stainless Steel has released its 2026 interim report. Total operating revenue was 821 million yuan, down 26.79 percent year on year. Net profit attributable to the parent company was a loss of 49.14 million yuan, a decrease of 125 million yuan compared with the same period last year, down 165.09 percent year on year, swinging from profit to loss. Net cash flow from operating activities was a negative 70.41 million yuan, down 164.45 percent year on year. The company's latest asset-liability ratio was 35.47 percent, gross margin was 4.35 percent, return on equity was negative 1.93 percent, and diluted earnings per share was negative 0.09 yuan. The company had 23,100 shareholders, and the top ten shareholders held 44.47 percent of total share capital.
Jiang Su Wujin Stainless Steel Pipe Group Co LtdCompany swung to a net loss of 49.14 million yuan in its 2026 interim report, with revenue down 26.79% and negative operating cash flow.