Sapphire 1H26 profit falls 53.4% to RMB 686,000; revenue drops 7.9% to RMB 186.04 million

Reuters2026/08/12 12:27

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Sapphire posted profit of RMB 686,000, down 53.4%, as revenue slipped 7.9% to RMB 186.04 million.
Operating loss widened to RMB 7.9 million from RMB 3.82 million as administrative expenses rose 25% to RMB 10.5 million.
Share of profits from equity-accounted associates climbed 52.8% to RMB 10.14 million, helping keep the group in profit.
Management cited lower Yilong trading revenue, higher costs from new subsidiaries, normalized executive pay, and a one-off redundancy payout.
Cash and cash equivalents rose to RMB 40.13 million from RMB 33.24 million, supported by RMB 15 million in new bank borrowings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sapphire Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LMQK4VYYAVGANMSH) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sapphire 1H26 profit falls 53.4% to RMB 686,000; revenue drops 7.9% to RMB 186.04 million

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