Cenntro Q2 FY26 net loss narrows to USD 10.61 million; net revenues slip 2.9% to USD 6.22 million

Reuters2026/08/14 20:42

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Cenntro posted a net loss of USD 14.54 million for the six months ended June 30, 2026, narrowing from USD 15.56 million.
Net revenues fell 13.1% to USD 7.43 million, pressured by lower vehicle sales and partially offset by higher spare-part sales.
Gross profit rose to USD 649,948 from USD 302,623, lifting gross margin to 8.7% from 3.5%.
Operating loss narrowed to USD 11.48 million from USD 14.27 million on lower general and administrative spending.
Adjusted EBITDA loss widened to USD 12.12 million from USD 10.85 million, while cash and cash equivalents ended at USD 4.4 million.

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. Cenntro Inc. (The Corporation) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-033166), on August 14, 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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Cenntro Q2 FY26 net loss narrows to USD 10.61 million; net revenues slip 2.9% to USD 6.22 million

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