WENYE GROUP Posts Interim Loss of RMB 4.249 Million, Reversing Year-Ago Profit

Stock News
Aug 31

WENYE GROUP (01802) has released its interim results for the six months ended 30 June 2026, reporting a revenue of RMB 84.288 million, which represents a substantial increase of 1918.4% compared to the same period last year. The company recorded a loss attributable to shareholders of RMB 4.249 million, a stark reversal from the profit of RMB 886 million achieved in the corresponding period of the previous year, with a loss per share of RMB 0.56 cents.

The company noted that the profit recorded in 2025 was primarily driven by the disposal of its subsidiary, WENYE Decoration.

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