HENGDELI (03389) has posted its interim results for 2026, revealing a significant financial downturn as the company swung to a loss attributable to shareholders.

The company recorded revenue of approximately RMB 253 million, reflecting a year-on-year decrease of 19.4%. The loss attributable to holders of shares stood at RMB 31.83 million, a sharp reversal from the profit attributable of RMB 26.31 million reported in the same period last year. Loss per share amounted to RMB 0.007.

According to the company's announcement, the primary factors driving the loss include a decline in sales, an increase in losses from associates, reduced bank interest income, and a decrease in foreign exchange gains generated by operating units due to currency fluctuations. Additionally, the company was impacted by a provision for trade receivables, which collectively contributed to the adverse financial performance.