Zhongqi New Materials swings to net loss in 2026 interim report

Earnings
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Zhongqi New Materials released its 2026 interim report, with net profit attributable to the parent company at negative 2.16 million yuan, swinging from profit to loss. Total operating revenue was 163 million yuan, down 17.25 percent from the same period last year. Net cash inflow from operating activities was 50.92 million yuan, up 2065.67 percent year on year. The company's latest asset-liability ratio was 13.89 percent, gross margin was 12.99 percent, and diluted earnings per share was negative 0.01 yuan.

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