Yihao New Materials swings to profit of 21.502 million yuan in first half of 2026

Earnings
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Yihao New Materials disclosed its 2026 semi-annual report, achieving net profit attributable to the parent of 21.502 million yuan in the first half, turning from a loss to a profit year on year. The company achieved total operating revenue of 1.264 billion yuan, up 69.08 percent year on year; non-GAAP net profit was 19.9681 million yuan, turning from a loss year on year; basic earnings per share were 0.1299 yuan, and the weighted average return on equity was 1.44 percent. Net cash flow from operating activities was negative 288 million yuan, compared with negative 44.1474 million yuan in the same period last year. The company specialises in the research, development, production and sales of high-performance copper foil and downstream printed circuit boards.

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