JINYAN KAOLIN (02693) Posts Interim Profit of RMB 7.97 Million, Down 64.89% Year-on-Year

Stock News

Aug 27

JINYAN KAOLIN (02693) has announced its interim results for the six months ended June 30, 2026, revealing a significant decline in profitability. The company recorded a revenue of RMB 104 million, representing a decrease of 19.16% compared to the same period last year, while profit attributable to shareholders of the parent company dropped by 64.89% to RMB 7.966 million, with earnings per share standing at RMB 0.08.

According to the official statement, the reduction in revenue was primarily driven by sluggish demand across downstream industries and intensifying market competition. These factors exerted downward pressure on both the company's product order volumes and selling prices, consequently leading to a decrease in product sales revenue.

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