Jiangsu Zhongchao Cable Co LtdCompany swung to a net loss attributable to parent of negative 12.6961 million yuan, with net profit down 291.38% year-on-year.

Zhongchao Holdings released its 2026 interim report, showing a net profit attributable to the parent of negative 12.6961 million yuan, swinging from profit to loss compared with the same period last year. The company's total operating revenue was 2.685 billion yuan, up 2.85 percent year-on-year, but net profit attributable to the parent fell by 19.33 million yuan from a year earlier, a decline of 291.38 percent. Net cash outflow from operating activities was 367 million yuan, an increase of 241 million yuan from the same period last year. The company's asset-liability ratio was 65.86 percent, gross margin was 9.40 percent, ROE was negative 0.70 percent, and diluted earnings per share was negative 0.01 yuan.
Jiangsu Zhongchao Cable Co LtdCompany swung to a net loss attributable to parent of negative 12.6961 million yuan, with net profit down 291.38% year-on-year.