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Feitian Technologies reports net loss of 60.67 million yuan in 2026 interim report
Feitian Technologies released its 2026 interim report, with net profit attributable to the parent company at negative 60.67 million yuan, swinging from profit to loss. Total operating revenue was 265 million yuan, down 26.85 percent from the same period last year. Net cash flow from operating activities was negative 152 million yuan, a decrease of 121 million yuan compared with the same period last year. The company's latest asset-liability ratio was 10.12 percent, gross margin was 38.69 percent, and diluted earnings per share was negative 0.15 yuan.