Daye Shares disclosed an earnings forecast, expecting a net loss attributable to the parent of 60 million yuan in the first half of 2026, compared with a profit of 42.3979 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 66 million yuan, compared with a profit of 25.6239 million yuan a year earlier. The company's main business is the research, development, production and sales of bead wire, steel cord and hose wire. The announcement stated that the main reasons for the loss are the complex and severe international macro environment and intensified domestic industry competition, which put pressure on the sales prices of main products. At the same time, exchange rate fluctuations led to a year-on-year increase in exchange losses, and rising international shipping costs pushed up the costs of export business.
Shandong Daye Co Ltd Class ACompany expects net loss of 60 million yuan in H1 2026 vs profit last year, due to price pressure, exchange losses, and rising shipping costs.