Hefei Changqing Machinery Co LtdExpects to return to profit in first half of 2026, with net profit of 16.5-20.2 million yuan vs loss last year.

Changqing Shares disclosed its earnings forecast, expecting a net profit attributable to the parent company of 16.5 million to 20.2 million yuan in the first half of 2026, compared with a loss of 20.5254 million yuan in the same period last year, achieving a turnaround from loss to profit year-on-year. Deducted non-recurring net profit is expected to be 16 million to 19.7 million yuan, compared with a loss of 22.2604 million yuan in the same period last year. The company stated that the change in performance is mainly due to the formation of a competitive marketing team driving steady growth in revenue scale, as well as continued investment in technological upgrades to improve production efficiency and resource utilization, leading to lower unit costs and improved overall gross margin.
Hefei Changqing Machinery Co LtdExpects to return to profit in first half of 2026, with net profit of 16.5-20.2 million yuan vs loss last year.