KASEN Reports Interim Loss of RMB5.87 Million Amid Revenue Growth
Stock News
Yesterday
KASEN (00496) has released its interim results for the 2026 period, posting a loss attributable to shareholders of RMB5.87 million, a sharp reversal from the profit of RMB22.591 million recorded in the corresponding period last year.
Despite the bottom-line setback, the company's revenue climbed 4.7% year-on-year to RMB530 million. The loss per share came in at RMB0.32 cents.
The uplift in turnover was primarily driven by a surge in sales orders received during the review period, which translated into an approximate RMB45.3 million increase in revenue from the manufacturing segment.
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