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Funeng Technology announced that in the third quarter of 2026, it achieved revenue of 2,215 billion yuan, an increase of 0.16% over the previous year; net loss of 201 million yuan. The first three quarters of 2026 achieved operating income of 5.831 billion yuan, a year-on-year decrease of 11.17%; net loss of 598 million yuan, after deducting non-net loss of 624 million yuan. Losses are mainly due to declining revenue, rising raw material prices, lower export tax rebate rates, and exchange losses due to declining exchange rates between the euro and RMB due to customer restructuring. Net cash flow from operating activities in the first three quarters was $775 million, up 87.37% year over year.
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Funeng Technology announced that in the third quarter of 2026, it achieved revenue of 2,215 billion yuan, an increase of 0.16% over the previous year; net loss of 201 million yuan. The first three quarters of 2026 achieved operating income of 5.831 billion yuan, a year-on-year decrease of 11.17%; net loss of 598 million yuan, after deducting non-net loss of 624 million yuan. Losses are mainly due to declining revenue, rising raw material prices, lower export tax rebate rates, and exchange losses due to declining exchange rates between the euro and RMB due to customer restructuring. Net cash flow from operating activities in the first three quarters was $775 million, up 87.37% year over year.
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