Yankon Lighting released its 2026 half-year report, with net profit attributable to shareholders of 49.39 million yuan in the first half, down 48.8% year on year. Operating revenue was 1.3 billion yuan, down 1.7% year on year. Net profit attributable to shareholders excluding non-recurring items was 29.34 million yuan, down 45.9% year on year. Net operating cash flow was 19.51 million yuan, down 69.7% year on year. In the second quarter, operating revenue was 645 million yuan, up 0.9% year on year, and net profit attributable to shareholders was 42.15 million yuan, up 14.7% year on year, but net profit excluding non-recurring items was 8.78 million yuan, down 62.8% year on year. The company said that affected by weak overseas demand, global supply chain adjustments and the continued downturn in China's property market, the lighting industry remains under pressure and adjustment. According to data from the China Association of Lighting Industry, operating revenue of enterprises above designated size rose slightly by about 2% year on year, while cumulative profit fell 19.6%.
Zhejiang Yankon Group Co LtdFirst-half net profit halved and operating cash flow plunged 70%, reflecting weak demand and industry downturn.
