Xinruida released its 2026 half-year report, showing first-half net profit attributable to the parent of 50.82 million yuan, down 23.6% year on year. Operating revenue was 510 million yuan, up 3.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 47.1 million yuan, down 28.7% year on year. Net operating cash flow was 71.93 million yuan, down 40.3% year on year. Second-quarter operating revenue was 284 million yuan, up 22.1% year on year, while net profit attributable to the parent was 20.36 million yuan, down 0.8% year on year. The company said the decline in net profit was mainly affected by rising raw material prices and inventory write-down provisions, while revenue from its core display module business rose 14.00% year on year to 493 million yuan.
Anhui Coreach Technology Co LtdNet profit fell 23.6% due to rising raw material costs and inventory write-downs, despite revenue growth.
