Kunming Chuan Jin Nuo Chemical Co LtdNet profit down 30.20% year on year despite revenue growth, with negative operating cash flow and increased borrowings.

Chuan Jinnuo disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 2.112 billion yuan, up 21.10% year on year, while net profit attributable to the parent company was 124 million yuan, down 30.20% year on year. Net profit after deducting non-recurring items was 119 million yuan, down 28.77% year on year. Net cash flow from operating activities was negative 217 million yuan, compared with 171 million yuan in the same period last year. Basic earnings per share were 0.4507 yuan, and the weighted average return on equity was 4.16%, down 2.59 percentage points year on year. The company's long-term borrowings increased by 351.98% from the end of the previous year, short-term borrowings increased by 34.29%, and inventory book value was 1.013 billion yuan, accounting for 34.65% of net assets.
Kunming Chuan Jin Nuo Chemical Co LtdNet profit down 30.20% year on year despite revenue growth, with negative operating cash flow and increased borrowings.