China Green Broad Ecological Technology Company Limited (GREEN BROAD) reported interim revenue of RMB 21.70 million for the six months ended 30 June 2026, more than doubling the RMB 10.36 million recorded a year earlier. Despite the top-line expansion, gross profit fell 38.41 % to RMB 2.06 million as gross margin contracted sharply to 9.5 % from 31.7 %.

Net loss attributable to shareholders widened to RMB 53.44 million from RMB 29.85 million in the prior-year period, translating into a basic and diluted loss per share of RMB 8.92 cents versus RMB 5.03 cents.

Segment performance showed a loss before tax of RMB 30.25 million for landscape gardening services, RMB 0.23 million for hydropower O&M services, and RMB 3.87 million for the “Others” segment. Unallocated items lifted the group’s overall pre-tax loss to RMB 53.54 million.

Balance-sheet pressures intensified. As at 30 June 2026, current liabilities exceeded current assets by RMB 869.10 million, compared with RMB 793.11 million at 31 December 2025. Total interest-bearing bank and other borrowings stood at RMB 550.74 million, of which RMB 335.95 million mature within twelve months, while unrestricted cash and cash equivalents were only RMB 11.71 million. Net assets shrank to RMB 0.04 million from RMB 27.17 million at year-end 2025.

Management highlighted material uncertainties over going-concern status. Plans to alleviate liquidity stress include accelerating receivable collections, securing financial support from related parties, reviewing debt structures, tightening cost controls, and negotiating loan renewals.

No interim dividend was declared.

End-June segment assets amounted to RMB 2.01 billion; segment liabilities were RMB 2.01 billion. The company did not report any post-balance-sheet events that would materially affect these results.