Yuancheng Cable reports net loss of 68.94 million yuan in 2026 interim results

Earnings
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Yuancheng Cable released its 2026 interim report, with net profit attributable to the parent company at negative 68.94 million yuan, swinging from profit to loss year-on-year, a decline of 264.31%. Total operating revenue was 2.06 billion yuan, down 194 million yuan or 8.61% from the same period last year. Net cash flow from operating activities was negative 330 million yuan, an increase of 34.35 million yuan compared with the same period last year. The company's latest asset-liability ratio was 65.01%, gross margin was 3.28%, return on equity was negative 6.23%, and diluted earnings per share was negative 0.10 yuan.

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