Suochen Technology released its 2026 interim report, with operating revenue of 72.74 million yuan, up 26.8 percent year on year, but net profit attributable to the parent swung to a loss of 78.66 million yuan, compared with a loss of 45.7 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items was a loss of 81.22 million yuan, compared with a loss of 48.01 million yuan a year earlier, while net operating cash flow was negative 38.35 million yuan, an improvement of 40.2 percent year on year. Second-quarter operating revenue was 33.31 million yuan, up 79.4 percent year on year, and net profit attributable to the parent was a loss of 44.71 million yuan, compared with a loss of 30.07 million yuan in the same period last year. The company said revenue growth was mainly driven by a larger consolidation scope, increased order acceptance and improved sales collections, but the wider loss stemmed from rigid growth in fixed costs as headcount increased and from revenue recognition concentrated in the fourth quarter.
Shanghai Suochen Information Technology Co. Ltd. ANet loss widened to 78.66 million yuan from 45.7 million yuan, with revenue growth offset by rising fixed costs.
