Xinhua Winshare released its 2026 half-year report. First-half net profit attributable to the parent was 654 million yuan, down 23.6% year on year. Operating revenue was 5.01 billion yuan, down 9.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 628 million yuan, down 25.9% year on year. Net operating cash flow was 317 million yuan, down 49.0% year on year. Earnings per share were 0.5304 yuan. In the second quarter, operating revenue was 2.52 billion yuan, down 17.0% year on year, and net profit attributable to the parent was 397 million yuan, down 33.4% year on year. As of the end of the second quarter, total assets were 23.589 billion yuan, up 0.6% from the end of the previous year, and net assets attributable to the parent were 15.318 billion yuan, up 0.4% from the end of the previous year. The company said the publishing and distribution industry faces multiple challenges, and policy adjustments and market changes have affected operations. It has taken measures to promote high-quality content creation and integrated innovation, expand online and offline business, and optimize e-commerce operations to reduce the impact of the external environment. During the reporting period, revenue from the publishing business and the distribution business was 1.231 billion yuan and 4.339 billion yuan respectively, down 49 million yuan and 524 million yuan respectively from the same period last year.
XINHUA WINSHAREFirst-half net profit fell 23.6% year on year to 654 million yuan, with revenue down 9.4%.
Xinhua Winshare Publishing and Media Co LtdFirst-half net profit fell 23.6% year on year to 654 million yuan, with revenue down 9.4%.
