CIMC ENRIC's Subsidiary Reports First-Half Net Loss, Reversing Year-Ago Profit

Stock News
08/24

CIMC ENRIC (03899) has announced that its subsidiary, CIMC Enric Alcohol Technology, recorded a revenue of RMB 1.17 billion for the six months ended June 30, 2026, reflecting a year-on-year decline of 37.84%.

The subsidiary posted a net loss attributable to shareholders of the listed company of RMB 38.7342 million, a sharp reversal from the net profit of RMB 122 million reported in the same period last year.

Basic loss per share stood at RMB 0.05 for the period, according to the company's official filing.

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