Elegant Home-Tech released its 2026 interim report, showing a swing from profit to loss, with net profit attributable to the parent company at negative 38.48 million yuan, a decrease of 66.59 million yuan compared with the same period last year, down 236.86 percent year on year. Total operating revenue was 483 million yuan, down 32.69 million yuan, or 6.34 percent, from a year earlier. Net cash inflow from operating activities was 35.10 million yuan, down 53.51 percent year on year. The company's latest asset-liability ratio was 28.22 percent, and gross margin was 7.82 percent, down 9.84 percentage points from the same period last year. Diluted earnings per share were negative 0.16 yuan.
Zhangjiagang Elegant Home Tech Co LtdCompany swung to a net loss of 38.48 million yuan with revenue down 6.34% and gross margin down 9.84 percentage points.