Zhejiang Yonggui Electric Equipment Co LtdNet profit swung to a loss of 15.99 million yuan from a profit of 54.76 million yuan a year earlier.

Yonggui Electric disclosed its semi-annual report for 2026 on August 26. In the first half of the year, it achieved total operating revenue of 1.137 billion yuan, up 10.71 percent year on year, but net profit attributable to the parent company was a loss of 15.99 million yuan, compared with a profit of 54.76 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 24.08 million yuan, compared with a profit of 50.49 million yuan a year earlier. Net cash flow from operating activities was negative 35.77 million yuan, versus 52.34 million yuan in the prior-year period. During the reporting period, the company's basic earnings per share were negative 0.04 yuan, and the weighted average return on equity was negative 0.64 percent. The company has formed three major business segments: rail transit and industry, vehicle-mounted and energy information, and special equipment.
Zhejiang Yonggui Electric Equipment Co LtdNet profit swung to a loss of 15.99 million yuan from a profit of 54.76 million yuan a year earlier.