Baose Shares released its 2026 semi-annual report, showing declines in both operating revenue and net profit attributable to the parent company. During the reporting period, the company achieved operating revenue of 707 million yuan, down 3.65 percent year on year. Net profit attributable to shareholders of the listed company was 28.14 million yuan, down 11.91 percent year on year. Financial expenses swung from a negative 8.69 million yuan in the same period last year to 3.51 million yuan, an increase of 140.38 percent year on year, mainly due to exchange gains and losses driven by currency fluctuations. Selling expenses and administrative expenses rose 19.29 percent and 11.24 percent year on year respectively. Research and development investment was 34.03 million yuan, down slightly by 0.54 percent year on year. Net cash flow from operating activities was negative 135 million yuan, an improvement of 9.04 million yuan compared with the same period last year, mainly because various taxes paid during the period decreased.
Nanjing Baose Co LtdFirst-half revenue and net profit declined, with financial expenses surging due to currency fluctuations.