Wuhan Citms Technology Co LtdCompany swung to profit in H1 with revenue up 8.2% and net profit positive.

Zhongke Tongda released its 2026 interim report on August 26. In the first half of the year, the company achieved operating revenue of 89.68 million yuan, up 8.2 percent year on year. Net profit attributable to the parent swung from a loss of 850,000 yuan in the same period last year to a profit of 1.97 million yuan. Net profit attributable to the parent after deducting non-recurring items also turned positive, reaching 960,000 yuan. Net operating cash flow was negative 44.92 million yuan, down 252.3 percent year on year. In the second quarter, the company's operating revenue was 70.22 million yuan, up 54.6 percent year on year, with net profit attributable to the parent at 4.29 million yuan and net profit after deducting non-recurring items at 3.73 million yuan. As of the end of the second quarter, the company's total assets stood at 1.106 billion yuan, down 2.7 percent from the end of the previous year, while net assets attributable to the parent were 597 million yuan, up 0.3 percent. The company said the decline in cash flow was mainly due to reduced customer payments and increased payments to suppliers. At the same time, the company continued to advance its intelligent transformation and strengthen cost control, with period expenses falling year on year.
Wuhan Citms Technology Co LtdCompany swung to profit in H1 with revenue up 8.2% and net profit positive.