China's Haina Intelligent half-year revenue falls, profit drops

Haina Intelligent Equipment International Holdings

28/08/2026 14:13

Overview
China industrial automation maker's half-year revenue fell 5.6% yr/yr to RMB211.6 mln
Net profit attributable to owners dropped to RMB5.2 mln from RMB8.8 mln
Company reported gross profit margin of 24.4% for the period

Outlook
Company did not provide specific financial guidance or outlook for future periods

Result Drivers
ADULT-DIAPER MACHINE DECLINE – Revenue fell 5.6%, mainly due to a RMB40.9 mln drop in adult-diaper machine sales, partly offset by baby-diaper machine growth
BABY-DIAPER MACHINE PRICING – Gross margin rose to 24.4% from 23.1% as product-configuration upgrades lifted baby-diaper machine selling prices
UNCAPIITALISED BORROWING COSTS – Profit attributable to owners fell to RMB5.2 mln from RMB8.8 mln, mainly as prior-year construction interest was no longer capitalised

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 211.6 mln
 
H1 Net Income Attributable
 
RMB 5.2 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)