Xintian Technology disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 403 million yuan, down 9.93% year-on-year; net profit attributable to the parent company was 21.2049 million yuan, down 73.13% year-on-year; and non-GAAP net profit was 44.8287 million yuan, down 20.37% year-on-year. During the reporting period, the company's basic earnings per share were 0.0187 yuan, and the weighted average return on equity was 0.69%, down 1.97 percentage points year-on-year. Net cash flow from operating activities was 18.1248 million yuan, down 19.88% year-on-year. The company is mainly engaged in the research, development, production and sales of IoT smart water meters, smart gas meters and other products, and provides comprehensive IoT solutions.
Suntront TechFirst-half net profit down 73.13% year-on-year, revenue down 9.93%, and operating cash flow down 19.88%.
