Earnings ·
Reports $11.8M revenue and $3.6M net loss for six months ended June 30, 2026
LUDLuda Technology Group Ltd
Luda Technology Group reported unaudited results for the six months ended June 30, 2026, with revenue declining 30.8% to $11.8 million from $17.1 million in the prior year period. Gross profit increased 55.3% to $2.2 million as margins improved to 18.9%, but a $3.1 million unrealized fair value loss on listed equity investments drove a net loss of $3.6 million, compared to a $0.4 million loss in the prior year period. Excluding non-cash investment adjustments, adjusted net loss narrowed to $531,000 from $1.1 million. The company manufactures and trades stainless steel and carbon steel flanges and fittings.