Xiangyang Automobile Bearing disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 703 million yuan, down 11.66 percent year on year. Net profit attributable to the parent company was a loss of 20.61 million yuan, compared with a loss of 15.53 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 21.22 million yuan, compared with a loss of 21.88 million yuan a year earlier. Net cash flow from operating activities was negative 14.24 million yuan, compared with 101 million yuan in the same period last year. Basic earnings per share were negative 0.04 yuan, and the weighted average return on equity was negative 2.54 percent. The company is mainly engaged in the production, research, sales and related business of bearings and their components.
Xiangyang Automobile Bearing Co LtdCompany reported a net loss of 20.61 million yuan in H1 2026, wider than the prior-year loss, with revenue down 11.66%.
