Sansec released its 2026 interim report. First-half operating revenue was 209 million yuan, up 7.4% year on year. Net loss attributable to the parent narrowed to 12.56 million yuan from a loss of 29.39 million yuan a year earlier. Net loss attributable to the parent after deducting non-recurring items was 18.58 million yuan, down from a loss of 33.36 million yuan in the same period last year. Net operating cash flow was negative 63.12 million yuan, down 32.5% year on year. In the second quarter, operating revenue was 137 million yuan, up 6.0% year on year, and net profit attributable to the parent was 10.05 million yuan, up 117.3% year on year. As of the end of the second quarter, total assets were 1.997 billion yuan, down 6.9% from the end of last year, and net assets attributable to the parent were 1.775 billion yuan, down 3.3% from the end of last year. The company said overall operations remained stable, core business competitiveness strengthened, business scale in cryptographic chips and related newly developed areas increased significantly, progress was made in post-quantum cryptography and cloud cryptography services, and research and development expenses and administrative expenses declined year on year.
Sansec Technology Co. Ltd. ANet loss narrowed and Q2 profit surged 117.3% YoY, indicating improved financial performance.
