Xinbang Holdings (01571) announced interim results. Profit attributable to shareholders of 214 million yuan decreased by 11.66% year on year

According to the Zhitong Finance App, Xinbang Holdings (01571) announced interim results for the six months ended June 30, 2026, with revenue of 1,459 billion yuan (RMB, same below), a year-on-year decrease of 6.28%; profit attributable to owners of the parent company was 214 million yuan, a year-on-year decrease of 11.66%; and basic profit per share was 21.3 points. It is proposed to pay an interim dividend of HK15.0 cents per share.

The announcement stated that during the reporting period, the decline in the Group's revenue was mainly due to a decrease in the number of projects obtained during the COVID-19 pandemic, which continued to affect the number of projects that entered mass production during the reporting period. Furthermore, high oil prices due to geopolitical factors caused several customers to reduce or delay orders, which in turn had an adverse impact on the Group's revenue. Despite the uncertain macroeconomic and trade environment, the Group carefully manages order delivery, production distribution and cost structure.