Huachen AI Parking H1 net income drops to USD 51,273; revenue rises to USD 2.47 million
HCAI•Huachen AI Parking reported revenue of USD 2.47 million for the six months ended June 30, 2026, while net income fell 96% to USD 51,273 and EPS dropped 95% to USD 0.04. The company completed a USD 10.86 million private placement and a USD 2.75 million registered direct offering with warrants.
1. First-half results
Huachen AI Parking Management Technology Holding reported revenue of USD 2.47 million for the six months ended June 30, 2026. Net income fell 96% to USD 51,273, and basic and diluted EPS dropped 95% to USD 0.04. Gross profit was USD 1.00 million, with a 41% margin.
2. Offerings completed
Income from continuing operations was USD 51,273, compared with a loss of USD 617,588 a year earlier. The company completed a USD 10.86 million private placement in July 2026 and later closed a USD 2.75 million registered direct offering with warrants.
