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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
China International Holdings
China International Holdings (BEH) investor relations material
China International Holdings Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Aug, 2026
Executive summary
1H 2026 revenue was RMB35.62m, down 23.7% YoY, and net loss was RMB4.98m versus profit of RMB3.24m in 1H 2025.
Lower water-pipeline construction and water-supply revenue drove the decline; cash and cash equivalents were RMB37.52m at 30 June 2026.
Financial highlights
1H revenue was RMB35.616m versus RMB46.671m YoY; gross profit was RMB9.373m versus RMB20.595m.
1H loss before tax was RMB5.079m versus profit of RMB5.440m; net loss was RMB4.975m versus profit of RMB3.237m.
1H loss attributable to owners was RMB5.363m versus a loss of RMB0.080m; basic and diluted EPS were both a loss of RMB6.84 fen versus a loss of RMB0.10 fen.
Q2 revenue was RMB16.613m versus RMB25.664m YoY; quarterly net loss was RMB4.432m versus profit of RMB2.554m.
Outlook and guidance
Management was cautiously optimistic on general economic conditions over the next 12 months and intends to focus on executing existing plans.
Priority remains generating cash by further developing the water-treatment business in China; no new investment plans were stated.
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Latest events from China International Holdings
- Huike's asset disposal drove a wider FY2024 loss despite higher cash.BEH
Q4 2024 - Huike-related losses drove a RMB105.96m 9M net loss as revenue declined 6.0%.BEHQ3 2024
- Revenue declined 13.2%, but Q1 returned to profit as the audit review remained unresolved.BEHQ1 2025
- Huike-related losses turned stronger gross profit into a sharply higher 1H net loss.BEHQ2 2024
- Revenue growth and Huike’s absence drove a return to FY2025 profit, amid ongoing review and cash-collection risks.BEHQ4 2025
- Net profit returned, but revenue slipped and review and litigation risks persist.BEHQ3 2025
- Lower pipeline revenue drove a 9.5% sales decline and a Q1 net loss.BEHQ1 2026
- Profit returned in 1H 2025, amid lower revenue, constrained cash and unresolved legal and audit risks.BEHQ2 2025
Next China International Holdings earnings date
Q3 202611 Nov, 2026
China International Holdings
Next China International Holdings earnings date
Q3 202611 Nov, 2026
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