World Precision Machinery 1H26 net loss more than doubled to RMB 31.42 million; revenue falls 22.6% to RMB 276.13 million

Reuters2026/08/11 10:15

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World Precision Machinery swung to a net loss attributable to owners of RMB 31.42 million in 1H26; basic EPS was RMB -0.0785.
Revenue fell 22.6% to RMB 276.13 million; gross profit dropped 67.1% to RMB 21.44 million.
Gross margin narrowed 10.5 percentage points to 7.8%; net loss margin widened to 11.4% from 3.3%.
Cash and cash equivalents declined to RMB 87.44 million; net cash from operating activities dropped to RMB 16.79 million from RMB 38.62 million.
Net current liabilities widened to RMB 94.44 million; RMB 150 million bank loans were refinanced to be due by Nov. 30, 2026.

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. World Precision Machinery Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: MOR461TN1MMHN03D) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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World Precision Machinery 1H26 net loss more than doubled to RMB 31.42 million; revenue falls 22.6% to RMB 276.13 million

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