Beijing Jingcheng Machinery Electric 1H FY26 net loss widens to RMB 62.63 million; revenue falls 4.15% to RMB 652.12 million

• Beijing Jingcheng Machinery Electric posted a net loss attributable to shareholders of RMB 62.63 million, widening from a year earlier.
• Operating income fell 4.15% to RMB 652.12 million, with pressure cited from export demand and slower project revenue recognition.
• Total loss widened to RMB 76.64 million, while basic earnings per share deteriorated to RMB -0.1.
• Financial expense more than doubled to RMB 12.84 million due to higher foreign exchange losses; R&D spending rose 8.96% to RMB 45.99 million.
• Net cash used in operations was RMB 88.64 million; short-term loans dropped by RMB 120 million from the start of the year.

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