Guangxi Wuzhou Zhongheng Group Co LtdNet loss of 48.8 million yuan, swinging from profit to loss, with revenue down 29.69%.

Zhongheng Group disclosed its semi-annual report on August 30. In the first half of 2026, the company achieved operating revenue of 725 million yuan, down 29.69 percent year-on-year. Net profit attributable to shareholders of the listed company was a loss of 48.8 million yuan, compared with a profit of 25.91 million yuan in the same period last year, swinging from profit to loss year-on-year. The change in performance was mainly due to the impact of industry policies on core products, leading to year-on-year declines in operating revenue and gross profit; an increase in consolidated financial expenses caused by accrued expected returns payable to priority partners of structured entities and a reduction in bank deposit interest income; and a year-on-year decrease in distribution income from externally invested fund projects.
Guangxi Wuzhou Zhongheng Group Co LtdNet loss of 48.8 million yuan, swinging from profit to loss, with revenue down 29.69%.