EDDING GENOR Reports Interim Loss, Swinging to Deficit in First Half
Stock News
Aug 28
EDDING GENOR (06998) has announced its financial results for the six-month period ended June 30, 2026, revealing a notable shift from profitability to a net loss.
During the reporting period, the group generated revenue of RMB 873 million, marking a decrease of 23.14% compared to the same period last year. The company recorded a loss of RMB 65.876 million for the period, a sharp reversal from the profit reported in the corresponding period of the prior year.
The decline in revenue and the transition to a loss position reflect challenging market conditions affecting the company's operational performance during the first half of the fiscal year.
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