Degute (300950.SZ) announced first-half results. Net profit to mother was RMB 11.0431 million, a year-on-year decrease of 77.48%

According to the Zhitong Finance App, Degute (300950.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 243 million yuan, a year-on-year decrease of 2.99%. Net profit attributable to shareholders of listed companies was RMB 11.0431 million, a year-on-year decrease of 77.48%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 10.214,400, a year-on-year decrease of 77.97%.

The year-on-year decline in performance was mainly affected by a combination of factors: on the revenue side, phased profit pressure in some downstream areas, and the pace of equipment procurement for some customers slowed down, leading to a slight year-on-year decline in operating income; on the profit side, a combination of factors such as fluctuations in exchange gains and losses, depreciation of fixed assets, and increased equity incentive costs, which led to a significant year-on-year increase in revenue recognition for some high-margin projects due to mismatches in domestic and foreign payments, further exacerbating profit-side fluctuations. Together, the above factors are putting phased pressure on current results.