Magnetic Valley Technology (688448.SH) released its semi-annual performance report, with a net profit attributable to the parent company of 1.2091 million yuan, a year-on-year decrease of 73.04%.

Zhitong Finance APP reported that Mag Valley Technology (688448.SH) disclosed its semi-annual report for 2026. During the reporting period, the company achieved operating revenue of 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, after deducting non-recurring gains and losses, was a loss of 183,400 yuan, changing from profit to loss year-on-year. The basic earnings per share were 0.02 yuan.