Zhongfu Information Inc300659
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First-half net loss widened to 120 million yuan on a 27.9% revenue decline.
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Zhongfu Information IncZhongfu Information released its 2026 interim report. First-half operating revenue was 213 million yuan, down 27.9 percent year on year, while the net loss attributable to the parent widened to 120 million yuan, compared with a loss of 106 million yuan a year earlier. In the second quarter, operating revenue was 155 million yuan, down 26.6 percent year on year, and the net loss attributable to the parent was 40.25 million yuan, versus a loss of 20.23 million yuan in the same period last year. The company said it proactively scaled back some low-margin projects and non-core businesses, which caused main business revenue to fall 28.12 percent year on year, but gross margin improved by 9.6 percentage points. As of the end of the second quarter, total assets stood at 1.61 billion yuan, down 11.8 percent from the end of the previous year.
Zhongfu Information IncFirst-half net loss widened to 120 million yuan on a 27.9% revenue decline.