Xinbao Co., Ltd. (002705.SZ) announced semi-annual results, with net profit of 136 million yuan to mother, a year-on-year decrease of 74.86%

According to Zhitong Finance App, Xinbao Co., Ltd. (002705.SZ) released its 2026 semi-annual report. In the first half of 2026, the company achieved operating income of 7.42 billion yuan, a year-on-year decrease of 4.91%; realized net profit attributable to shareholders of listed companies of 136 million yuan, a year-on-year decrease of 74.86%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 119 million yuan, a year-on-year decrease of 77.72%; basic earnings per share were 0.1,694 yuan.

During the reporting period, the global macro environment was complex and varied, overall market demand was weak, competition in the small household appliance industry intensified, and price competition was fierce; at the same time, due to factors such as rising prices of bulk raw materials and continued appreciation of the RMB exchange rate against the US dollar, the company's overall operating income and gross margin declined.