Xintian Technology disclosed its earnings forecast, expecting a net loss attributable to the parent company of 36.8 million to 50.8 million yuan in the first half of 2026, compared with a profit of 11.3053 million yuan in the same period last year. The company's operating revenue increased by about 60 percent year on year, but the closure of an associate company led to an additional credit impairment loss of about 71.53 million yuan, affecting the net profit attributable to the parent company by about 60.43 million yuan. In addition, the reversal of unpaid equity transfer payments and the provision for long-term equity investment impairment together affected the net profit attributable to the parent company by about 1.284 million yuan. Increased inventory write-downs, exchange losses, and higher interest expenses also widened the loss. The growth of the company's main business partially offset the above losses, and non-recurring gains and losses had an impact of about 1.22 million yuan on net profit.
Xdc Industries Shenzhen LtdCompany expects a net loss of 36.8-50.8 million yuan in H1 2026 vs profit last year, driven by credit impairment, inventory write-downs, exchange losses, and higher interest expenses.