Wantong Technology released its 2026 interim report on August 26. First-half operating revenue was 444 million yuan, up 37.1% year on year, but net profit attributable to the parent swung from a loss of 37.44 million yuan a year earlier to a loss of 65.84 million yuan. Net profit attributable to the parent after deducting non-recurring items widened from a loss of 41.55 million yuan a year earlier to a loss of 68.31 million yuan. Net operating cash flow was negative 145 million yuan, down 4.7% year on year, and earnings per share were negative 0.1537 yuan. In the second quarter, operating revenue was 253 million yuan, up 31.6% year on year, while net profit attributable to the parent widened from a loss of 21.86 million yuan a year earlier to a loss of 37 million yuan. As of the end of the second quarter, total assets were 2.956 billion yuan, down 5.7% from the end of the previous year, and net assets attributable to the parent were 1.413 billion yuan, down 3.1% from the end of the previous year. In the interim report, the company said its four main business segments, smart transportation, smart ports and shipping, smart cities, and environmental monitoring, face significant changes. In smart transportation, national policy support for smart highways and digital upgrades of ordinary national and provincial roads is expected to bring new market opportunities, but industry competition is intensifying. In smart ports and shipping, digital and green transformation is accelerating, and policy implementation will provide more project opportunities. In environmental monitoring, market operating pressure continues to increase amid a weak macro economy and strained local finances.
Anhui Wantong Technology Co LtdFirst-half net loss widened to 65.84 million yuan from 37.44 million yuan a year earlier.
