China Spacesat released its 2026 interim report, with net profit attributable to the parent company of 34.57 million yuan, achieving a turnaround to profitability. The company's total operating revenue was 1.885 billion yuan, an increase of 564 million yuan compared with the same period last year, up 42.72 percent year on year, marking two consecutive years of growth. Net cash outflow from operating activities was 281 million yuan, an increase of 229 million yuan compared with the same period last year. The company's latest gross margin was 18.75 percent, up 4.73 percentage points from the previous quarter and up 6.02 percentage points from the same period last year. The latest return on equity was 0.54 percent, up 1.02 percentage points from the same period last year.
China Spacesat Co LtdTurned profitable with net profit of 34.57 million yuan and revenue up 42.72%.
