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DataChina

*ST Lingnan H1 Revenue 58.238M Yuan

*ST Lingnan reported H1 revenue of 58.238 million yuan, down 67.44% YoY; net loss attributable to shareholders was 284 million yuan, widening 121.35% YoY. Net assets turned negative at -1.634 billion yuan. The company received an administrative penalty notice from Guangdong CSRC for non-operational fund occupation by the actual controller, with 149 million yuan still unrepaid.

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Impact and considerations

The company's deteriorating finances and regulatory penalties affect its tourism operations, signaling going-concern risks for suppliers and partners.

Key points

  • Revenue 58.238M yuan, down 67.44% YoY
  • Net loss attributable to shareholders 284M yuan, widening 121.35% YoY
  • Net assets turned negative at -1.634B yuan
  • Fund occupation by actual controller, 149M yuan still unrepaid

Sources and time

Primary source
执惠
Other sources
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First source publication
31 Aug 2026, 08:00
Page published
31 Aug 2026, 18:00
Last updated
31 Aug 2026, 08:00
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