Jiangsu Lixing General Steel Ball Reports 43.52% Drop in H1 Net Profit to RMB 21.21 Million

Stock News08-26

Jiangsu Lixing General Steel Ball Co.,Ltd. (300421.SZ) has released its semi-annual report for fiscal year 2026, revealing a challenging first half marked by a significant decline in profitability.

During the reporting period, the company generated total operating revenue of RMB 549 million, reflecting a modest year-on-year increase of 2.62%. However, net profit attributable to shareholders of the listed company came in at RMB 21.2136 million, down sharply by 43.52% compared to the same period last year.

On a non-recurring items-adjusted basis, net profit attributable to shareholders stood at RMB 18.0624 million, representing a more pronounced decline of 47.01% year-on-year.

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