Yanpai Shares released its 2026 interim report on August 27, showing higher revenue but lower profit. Operating revenue reached 521 million yuan, up 21.25 percent year on year, but net profit attributable to the parent company was only 4.67 million yuan, down 78.31 percent. Overseas business became a key growth driver, with revenue of 222 million yuan, up 43.18 percent year on year, mainly due to the completed acquisition and consolidation of Germany's TTL, which contributed about 56.79 million yuan in revenue. Domestic revenue was 298 million yuan, up 8.82 percent year on year. The profit decline was mainly dragged down by a surge in financial expenses, which reached 16.97 million yuan in the period, up 2,129.76 percent year on year, caused by increased exchange losses and higher interest expenses. Asset impairment losses and credit impairment losses together exceeded 12 million yuan, including inventory write-down losses of nearly 9 million yuan. Net cash flow from operating activities was negative 24.95 million yuan, with the net outflow expanding significantly. The company faces challenges including raw material price fluctuations, exchange rate risks, and intensifying market competition. The interest burden from high short-term borrowings and potential exchange rate volatility will continue to affect financial performance.
Yanpai Filtration Technology Co.Ltd.Net profit fell 78.31% as financial expenses surged 2,129.76% on exchange losses and higher interest costs.
