Cenntro Q2 FY26 net loss narrows to USD 10.61 million; net revenues slip 2.9% to USD 6.22 million - CENN News | RalliesCenntro Q2 FY26 net loss narrows to USD 10.61 million; net revenues slip 2.9% to USD 6.22 million
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CENN• Q2 results and six-month performance
- Cenntro posted a net loss of USD 14.54 million for the six months ended June 30, 2026, narrowing from USD 15.56 million.
- Net revenues fell 13.1% to USD 7.43 million, pressured by lower vehicle sales and partially offset by higher spare-part sales.
- Gross profit rose to USD 649,948 from USD 302,623, lifting gross margin to 8.7% from 3.5%.
- Operating loss narrowed to USD 11.48 million from USD 14.27 million on lower general and administrative spending.
- Adjusted EBITDA loss widened to USD 12.12 million from USD 10.85 million, while cash and cash equivalents ended at USD 4.4 million.
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