TREE NEWS update: Hefu China reported third-quarter 2026 revenue of 172 million yuan, down 4.89% year on year, with net profit attributable to shareholders of 1.86 million yuan and non-recurring net profit of 1.98 million yuan. For the first nine months of 2026, revenue fell 6.88% to 511 million yuan, while net profit attributable to shareholders posted a loss of 5.64 million yuan and non-recurring net profit a loss of 5.58 million yuan.
Hefu China Q3 2026 Net Profit 1.86M Yuan; 9-Month Loss 5.64M Yuan
The swing from a nine-month attributable loss to a profitable third quarter suggests Hefu's earnings are stabilizing even as revenue keeps slipping, and the near-match between reported and non-recurring profit indicates the quarter's result rests on core operations rather than one-off items. That distinction matters for anyone tracking whether the improvement is durable or merely a soft comparison. The open question is whether the top-line decline continues to narrow while margins hold — a single profitable quarter against a year-to-date loss leaves the trend unresolved.
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