Jingbo Technology FY26 net loss widens to $6.71 million; revenue falls 27.96% to $1.54 million
SVMB•FY26 results
- Jingbo Technology reported a net loss of $6.71 million, widening from $6.02 million a year earlier.
- Revenue fell to $1.54 million from $2.14 million, led by lower parking fees after the Xiaoshan airport project ended.
- Impairment for credit losses jumped to $2.71 million from $539,954, driven by higher bad-debt allowances on deposits.
- Operating cash outflow increased to $2.14 million from $1.33 million, while cash and cash equivalents ended at $135,878.
