Ancai Hi-Tech expects a net loss attributable to shareholders of 280 million to 330 million yuan in the first half of 2026, compared with a loss of 215 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 283 million to 333 million yuan, compared with a loss of 225 million yuan a year earlier. The company said the photovoltaic glass industry remains in a trough, with product prices at historical lows, leading to a year-on-year decline in the gross margin of its photovoltaic glass business. At the same time, based on the principle of prudence, it has made provisions for impairment of inventories showing signs of impairment. The company's main businesses include photovoltaic glass, float glass, pharmaceutical glass, and natural gas.
Henan Ancai Hi-tech Co LtdPhotovoltaic glass prices at historical lows, causing gross margin decline and expected loss.