Farasis Energy 2026 H1 Revenue Down 16.93%, Net Loss Widens to RMB397 Million
Farasis Energy (688567) reported a 16.93% year-on-year decline in first-half 2026 revenue to RMB3.616 billion, while its net loss attributable to shareholders widened to RMB397 million from RMB162 million in the same period of 2025. The company attributed the drop to business restructuring, changes in customer delivery schedules, and product upgrades.
Farasis Energy (688567) disclosed its semi-annual report on August 28, showing revenue of RMB3.616 billion for the first half of 2026, down 16.93% year on year. The net loss attributable to shareholders of the listed company stood at RMB397 million, compared with a loss of RMB162 million in the same period of 2025. During the reporting period, revenue declined year on year due to factors including business structure adjustments, changes in customer delivery schedules, and product upgrade cycles.