Cybrid Technologies disclosed its earnings forecast, expecting a net loss attributable to the parent of 3 million to 6 million yuan in the first half of 2026, compared with a loss of 72.0961 million yuan in the same period last year, narrowing the loss by about 92% to 96% year-on-year. The net loss after deducting non-recurring items is expected to be 5 million to 9 million yuan, compared with a loss of 74.6785 million yuan in the same period last year. The company stated that both the net profit attributable to the parent and the net profit after deducting non-recurring items turned positive in the second quarter, with operating conditions further improving compared with the first quarter. The narrowing of losses was mainly due to higher gross margins in the traditional photovoltaic materials business, continued growth in overseas film business, as well as expanded revenue scale in emerging business segments and synergies following the acquisition of Jinlan Nano.
Cybrid Technologies IncNarrowing net loss and positive Q2 profit indicate improving financial performance.