Cixing Shares disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 150 million and 170 million yuan, a year-on-year increase of 42.01% to 60.94%. Deducted non-recurring net profit is expected to be between 135 million and 155 million yuan, up 63.26% to 87.45% year-on-year. The company said the profit growth was mainly due to higher sales revenue from computerized flat knitting machines, while product mix optimization and a higher proportion of high-end model sales drove overall gross margin improvement. Non-recurring gains and losses are expected to impact net profit by about 15 million yuan.
Ningbo CixingCompany expects net profit to rise 42-61% YoY due to higher sales and margin improvement.