Luda Technology Group reports wider net loss in first half 2026 as other expenses rise
LUD•Luda Technology Group reported a net loss of $3.65 million for the six months ended June 30, 2026, as other expenses reached $3.05 million. Revenue fell to $11.85 million from $17.13 million, while gross profit rose to $2.24 million from $1.44 million.
1. First-half results
Luda Technology Group reported a net loss of $3.65 million for the six months ended June 30, 2026. Other expenses, net, reached $3.05 million, compared with other income of $862,098 a year earlier. Revenue declined to $11.85 million from $17.13 million, reflecting lower PRC Manufacturing sales; gross profit increased to $2.24 million from $1.44 million, with both operating segments recording higher gross profit.
