Sinostone Guangdong Co LtdCompany reported a net loss of 2.16 million yuan in H1 2026, down from a profit a year earlier.

Zhongqi New Materials disclosed its semi-annual report for 2026 on August 21. Net profit attributable to the parent company was a loss of 2.16 million yuan in the first half, compared with a profit of 2.52 million yuan in the same period last year. The company achieved total operating revenue of 163 million yuan, down 17.25 percent year on year. Net profit excluding non-recurring items was a loss of 8.71 million yuan, compared with a profit of 449,200 yuan a year earlier. Net cash flow from operating activities was 50.92 million yuan, up 2,065.67 percent year on year. During the reporting period, basic earnings per share were negative 0.01 yuan, and the weighted average return on equity was negative 0.11 percent. Based on the closing price on August 20, the company's price-to-earnings ratio was about negative 185.6 times, the price-to-book ratio was about 3.54 times, and the price-to-sales ratio was about 17.65 times.
Sinostone Guangdong Co LtdCompany reported a net loss of 2.16 million yuan in H1 2026, down from a profit a year earlier.