Jiejia Weichuang H1 Net Profit RMB375M, Down 79.53%
Jiejia Weichuang reported a 79.53% year-on-year drop in first-half net profit to RMB375 million, with revenue falling 67.43% to RMB2.727 billion. The company attributed the decline to a phase of industry adjustment and sharply lower downstream demand.
Jiejia Weichuang disclosed its semi-annual report on August 27, 2026. For the first half of 2026, the company recorded operating revenue of RMB2.727 billion, down 67.43% year on year. Net profit attributable to shareholders of the listed company stood at RMB375 million, a decrease of 79.53% from the same period last year. Basic earnings per share were RMB1.08.
During the reporting period, the industry in which the company operates underwent a phase of adjustment, with a sharp decline in downstream demand.