Aohai Technology disclosed its earnings forecast, expecting a net profit attributable to the parent company of 33.7 million to 50.2 million yuan for the first half of 2026, a year-on-year decline of 78.75% to 85.73%. Deducted non-recurring net profit is expected to show a loss of 12.1 million to 24 million yuan, compared with a profit of 193 million yuan in the same period last year. The company stated that the change in performance was mainly due to increased expenses from continuously ramping up research and development investment in new product lines such as intelligent computing power supplies, while supply chain and raw material price fluctuations pushed up procurement costs, intensified market competition in major products squeezed gross margins, and the appreciation of the renminbi along with the depreciation of the Indian rupee affected export profitability.
Dongguan Aohai Technology CoCompany expects first-half 2026 net profit to drop 78.75%-85.73% year-on-year, with losses in non-recurring items.