China International Holdings (BEH) Q2 2026 earnings summary

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.