Yukaifa released its 2026 interim report, showing operating revenue of 393 million yuan, up 177.5% year on year, but a loss of 3.65 million yuan, down 101.9% year on year. Excluding non-recurring items, net profit attributable to the parent turned positive at 3.87 million yuan, compared with a loss of 31.16 million yuan in the same period last year. Operating cash flow was 160 million yuan, up 226.1% year on year. In the second quarter, operating revenue was 228 million yuan, up 253.6% year on year, while net profit attributable to the parent was a loss of 35.93 million yuan, down 362.2% year on year. The company noted that its 20-year toll operating right for the Shihuang Tunnel expires in July 2026. That business contributed average annual revenue of about 52 million yuan, and contributed 26.77 million yuan in revenue in 2026. The expiry of the operating right will directly affect annual operating revenue and profit.
Chongqing Yukaifa Co LtdLoss narrowed but Q2 loss widened; toll operating right expiry will hurt future revenue and profit.
