CNBM's Subsidiary Sinoma International Reports 34.3% Drop in H1 Net Profit to 934 Million Yuan

Stock News
Yesterday

CNBM (HKG: 03323) has announced that its subsidiary Sinoma International Engineering Co., Ltd. (SHA: 600970) recorded operating revenue of 21.262 billion yuan for the six months ended June 30, 2026, representing a year-on-year decline of 1.91%.

The company's net profit attributable to shareholders of Sinoma International Engineering Co., Ltd. stood at 934 million yuan, down 34.30% compared to the same period last year. Basic earnings per share came in at 0.36 yuan.

The results reflect ongoing challenges in the engineering and construction sector, with revenue slightly softening while profitability faced more significant pressure during the reporting period.

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