Donghu High-Tech swings to first-half loss as revenue falls 15.42%

Donghu High-Tech reported weaker first-half 2026 results, with revenue falling 15.42% year on year to 903 million yuan and net profit attributable to shareholders turning into a 16.14 million yuan loss from a profit a year earlier. The Chinese technology park developer and operator said the reversal was mainly driven by a decline in recognized sales area for its technology park business, reducing gross profit and highlighting the impact of revenue recognition timing in its core operations. Gross profit was 235 million yuan and gross margin slipped 1.14 percentage points to 26.00%, while net cash flow from operating activities was negative 246 million yuan. The company continued to advance its environmental technology, park operations and digital technology businesses, but those segments were not yet large enough to fill the profit gap created by weaker park sales. A newer source record in the input described HengHua Technology, a different company, and appears to be unrelated to this Donghu High-Tech event.

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