Hongbo Co. posts net loss of 51.48 million yuan in 2026 interim report

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Hongbo Co. released its 2026 interim report, with net profit attributable to the parent company at a loss of 51.48 million yuan, swinging from profit to loss. Total operating revenue was 187 million yuan, down 76.39% from the same period last year. Net cash flow from operating activities was a negative 46.78 million yuan. The latest debt-to-asset ratio was 39.78%, gross margin was 19.13%, and return on equity was negative 4.90%.

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Hongbo Co Ltd
002229
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Net loss of 51.48 million yuan, revenue down 76.39%, and negative operating cash flow.