Guangdian Electric reports loss of 28.36 million yuan in first half of 2026

中国证券报··CN·Read original
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Guangdian Electric announced its 2026 semi-annual report on August 29. In the first half of the year, the company achieved total operating revenue of 519 million yuan, up 30.56 percent year on year, but net profit attributable to the parent company showed a loss of 28.36 million yuan, compared with a profit of 2.34 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 32.08 million yuan, compared with a profit of 1.18 million yuan a year earlier. Net cash flow from operating activities was negative 205 million yuan, compared with 26.73 million yuan in the prior-year period. Basic earnings per share were negative 0.0332 yuan, and the weighted average return on net assets was negative 1.19 percent. The company's main businesses are complete equipment and power electronics, and components.

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