Magnetic Valley Technology: Net profit of 1.2091 million yuan in the first half of 2026, a year-on-year decrease of 73.04%.

Magnetic Valley Technology announced that in the first half of 2026, the operating income was 160 million yuan, a year-on-year increase of 5.74%. The net profit attributable to shareholders of the listed company was 1.2091 million yuan, a year-on-year decrease of 73.04%; the net profit in the same period last year was 4.4849 million yuan. The net profit after deducting non-recurring gains and losses was a loss of 183,400 yuan, compared to a profit of 254,790 yuan in the same period last year.