Xinlei Compressor Co. Ltd. ANet profit swung to a loss of 44.42 million yuan from a profit of 389 million yuan year-on-year.

Xinlei Co., Ltd. disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved total operating revenue of 396 million yuan, an increase of 16.23% year on year, but net profit attributable to the parent company showed a loss of 44.42 million yuan, compared with a profit of 389 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 47.96 million yuan, compared with a loss of 26.89 million yuan in the same period last year. Net cash flow from operating activities was negative 181 million yuan, compared with negative 87.68 million yuan in the same period last year. Basic earnings per share were negative 0.29 yuan, and the weighted average return on net assets was negative 3.63 percent. The company's main business is the research, development, production and sales of energy-efficient air compressors, blowers and other aerodynamic equipment, as well as magnetic levitation centrifugal chillers and other heating, ventilation and air conditioning equipment.
Xinlei Compressor Co. Ltd. ANet profit swung to a loss of 44.42 million yuan from a profit of 389 million yuan year-on-year.