MORIMATSU INTL (02155) has released its interim results for fiscal year 2026, reporting a revenue of approximately RMB 2.573 billion, reflecting a decrease of about 4.3% year-on-year.

Gross profit amounted to approximately RMB 576 million, down roughly 26.9% compared to the prior year period. The company recorded a loss attributable to equity shareholders of approximately RMB 144 million, marking a reversal from profit to loss on a year-on-year basis, with a loss per share of RMB 0.12.

The announcement noted that the gross margin for the period stood at approximately 22.4%, representing a decline of about 7.0 percentage points from the same period last year. This decrease was primarily driven by the group's strategic price adjustments in the energy and materials sectors, undertaken to counter intense market competition.