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Hasen Shares Expects First-Half Turnaround to Profit on Revenue Growth in Precision Metal Structural Parts and Other Businesses
Hasen Shares expects to achieve a net profit of 18 million to 23 million yuan for the first half of 2026, swinging from a loss to a profit compared with the same period last year. The company said the projected profit is mainly due to increased revenue from its precision metal structural parts and automation equipment businesses, a reduction in credit impairment losses, and an improvement in the expense ratio during the period. The company had previously completed the acquisition of a controlling stake in Suzhou Langkesi and other companies, officially entering the precision metal structural parts and automation equipment sector, and building a diversified business structure of mid-to-high-end footwear plus precision metal structural parts and automation equipment. As a controlled subsidiary, Suzhou Langkesi achieved operating revenue of 404 million yuan and 675 million yuan in 2024 and 2025 respectively, with net profits of 47.5585 million yuan and 61.5573 million yuan, steadily expanding its business scale.