Viomi Technology Swings to Sharp H1 2026 Loss as Revenue Falls
Viomi Technology reported H1 2026 revenue of RMB 740M, about half of the prior year, and shifted from a solid profit to a net loss. The decline was tied to subsidies for key China water purifier products being phased out and to falling Xiaomi orders. Despite the weaker earnings, the balance sheet remains cash strong, with volatility amplifying short-term trading moves.