Aoxing Life Technology (06118) announced interim results. Profit attributable to shareholders of 8.463 million yuan decreased by 66.15% year-on-year

According to the Zhitong Finance App, Aoxing Life Technology (06118) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 744 million yuan, an increase of 12.48% over the previous year; profit attributable to company owners was 8.463 million yuan, a decrease of 66.15% year on year; basic profit per share was 0.02 yuan.

Revenue recognized during the review period increased by double digits compared to the same period in 2025. Net cash flow from operating activities increased by approximately 126.6%. However, there was a decrease in order acceptance during the review period due to management being more cautious in undertaking projects and prioritizing projects with higher profit margins and better payment terms to avoid taking unnecessary risks due to increased competition (particularly in the Chinese market).