Morimatsu turns to 1H FY26 net loss of RMB 156.65 million; revenue falls 4.3% to RMB 2.57 billion

• Morimatsu International posted a net loss of RMB 156.65 million, swinging from profit; revenue fell 4.3% to RMB 2.57 billion.
• Gross profit dropped 26.9% to RMB 576.39 million; gross margin narrowed 7 percentage points to 22.4%.
• Operating results turned to a loss of RMB 152.02 million; other income swung to a loss of RMB 42.31 million.
• Adjusted EBITDA fell to RMB 16.27 million; new orders more than doubled to RMB 11.72 billion.
• Backlog rose to RMB 15.52 billion; contract liabilities climbed 92% to RMB 2.34 billion on advance payments for high-value orders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morimatsu International Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12301730), on August 27, 2026, and is solely responsible for the information contained therein.