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Qingda Oriental Group Nine-Month Results Swing to RMB 479.4 Million Loss
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Qingda Oriental Group Nine-Month Results Swing to RMB 479.4 Million Loss
  • Qingda Oriental Group swung to a loss attributable to owners of RMB 489.15 million for the nine months ended September 30, 2026.
  • One-off, noncash impairment losses totaled RMB 494.4 million, with goodwill impairment primarily responsible for the overall loss.
  • Revenue more than doubled year-over-year to RMB 168.6 million, mainly due to consolidation of the acquired Fire Training Group.
  • Gross profit margin rose to approximately 48% from 33% a year earlier, primarily due to the higher-margin fire safety training business.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qingda Oriental Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261113-12412858), on November 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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