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Qixin Technology: Reports Q1 Loss of 293 Million RMB, Shifting from Profit to Loss Year-on-Year
16 hour ago /
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Author：小编
On April 19, Qixin Technology unveiled its financial results for the first quarter of 2026. According to the report, the company's revenue for the quarter stood at 420 million RMB, marking an 11.37% decline from the same period last year. Moreover, the net profit attributable to the parent company plummeted into a loss of 293 million RMB, experiencing a year-on-year transition from profit to loss. During the reporting period, a fire incident occurred in the bumping process section of the factory operated by its wholly-owned subsidiary, Qixin Technology (Suzhou) Co., Ltd. This unfortunate event resulted in heightened losses stemming from asset disposals.
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