Invt Electric disclosed its earnings forecast, estimating net profit attributable to the parent company for the first half of 2026 at 8.5 million to 12.5 million yuan, a year-on-year decline of 89.83% to 93.08%. The company's operating revenue for the same period is expected to be 2.18 billion yuan, up 6.9% year-on-year. Deducted non-recurring net profit is forecast at 4.5 million to 6.5 million yuan, down 93.86% to 95.75% year-on-year. The sharp drop in profit is mainly due to rising raw material costs, exchange rate fluctuations, changes in business structure leading to a decline in overall gross margin, as well as increased strategic investments, higher labor costs, and greater exchange losses. In addition, items such as VAT refunds upon collection declined year-on-year, reducing other income.
Shenzhen INVT Electric Co LtdRising raw material costs and exchange rate fluctuations sharply reduce profit forecast.
ShenZhen V&T Technologies Co Ltd