--- title: "Sinoma International Engineering: Net profit fell 34% on FX losses, but overseas growth and new contracts drove resilience" type: "News" locale: "en" url: "https://longbridge.com/en/news/296887004.md" description: "Revenue declined 1.9% year-over-year to RMB 21.26 billion, with net profit down 34% due to FX losses and lower asset disposal gains. Overseas business grew, offsetting domestic weakness, and new contracts rose 8%. Gross margin and cash collection improved, while risks remain from FX, global demand, and compliance.Original document: Sinoma International Engineering Co. Ltd. Class A [600970] Interim report — Aug. 28 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-25T09:19:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296887004.md) - [en](https://longbridge.com/en/news/296887004.md) - [zh-HK](https://longbridge.com/zh-HK/news/296887004.md) generator: "portal-rs" --- # Sinoma International Engineering: Net profit fell 34% on FX losses, but overseas growth and new contracts drove resilience Revenue declined 1.9% year-over-year to RMB 21.26 billion, with net profit down 34% due to FX losses and lower asset disposal gains. Overseas business grew, offsetting domestic weakness, and new contracts rose 8%. Gross margin and cash collection improved, while risks remain from FX, global demand, and compliance. Original document: Sinoma International Engineering Co. Ltd. Class A \[600970\] Interim report — Aug. 28 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [600970.CN](https://longbridge.com/en/quote/600970.CN.md) ## Related News & Research - [China’s Sinoma Pens USD476 Million Equipment Supply Deal With Nigerian Cement Plant](https://longbridge.com/en/news/294806829.md) - [Qassim Cement gets $107mln to fund new production line](https://longbridge.com/en/news/296068503.md) - [SPAYZ.io brings Africa’s payment growth story to Forex Expo Dubai 2026](https://longbridge.com/en/news/298013003.md) - [From tokens to outcomes: Google Cloud’s global startups head sees AI cost shift, expands Singapore push](https://longbridge.com/en/news/297858696.md) - [From wild growth to tech-driven growth in China’s AI short drama industry](https://longbridge.com/en/news/297890444.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**