Dechang Shares disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be 35.52 million yuan, down 67.92% year-on-year. Deducted non-recurring net profit is expected to be 26.68 million yuan, down 72.98% year-on-year. The company stated that the change in performance was mainly affected by fluctuations in the US dollar exchange rate, with exchange gains of approximately negative 57.1 million yuan in the current period, a decrease of about 66.37 million yuan compared to the same period last year. Excluding the impact of exchange gains and losses, the main business operations continued to recover, and the operating performance in the second quarter of 2026 improved compared to both the same period last year and the first quarter of 2026.
Ningbo Dechang Electrical Machinery Made Co LtdNet profit forecast to fall 67.92% due to negative exchange gains of 57.1 million yuan from USD exchange rate fluctuations.