SHENGLONG INTL (08481) released its interim results, reporting a net loss of 10.517 million yuan.
Shenglong Jinxiu International (08481) announced its results for the six months ended June 30, 2026, with revenue of 232.6 million yuan, a year-on-year decrease of 14%; a net loss of 10.517 million yuan, compared to a profit of 19.954 million yuan in the same period last year; and a basic loss per share of 2.60 cents.
SHENGLONG INTL (08481) announced its performance for the six months ending June 30, 2026, with revenue of 232.6 million yuan, a year-on-year decrease of 14%; a net loss of 10.517 million yuan, compared to a profit of 19.954 million yuan in the same period last year; and a basic loss per share of 2.60 cents.
The decrease in revenue was driven by a decline in earnings from both domestic and overseas markets. Revenue from overseas markets decreased by approximately 18.0% compared to the corresponding period, mainly due to reduced demand from Pakistan, the United Arab Emirates, India, and Indonesia. Demand from Chinese customers also decreased by approximately 12.1% compared to the same period. The decline in revenue during this period was mainly attributed to the decrease in both the selling prices and sales volumes of decorative paper and melamine paper.
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