Fenda Technology disclosed an earnings forecast, expecting attributable net profit for the first half of 2026 to be between 2.6 million yuan and 3.6 million yuan, a year-on-year decline of 78.93% to 84.78%. Deducted non-recurring net profit is expected to show a loss of 7 million yuan to 8 million yuan, compared with a profit of 3.2424 million yuan in the same period last year. The company said that although revenue grew year-on-year, upstream raw material prices rose more than expected and the pass-through to downstream was delayed, adversely affecting profit. At the same time, the continued appreciation of the renminbi led to increased exchange losses, and financial expenses rose year-on-year.
Shenzhen Fenda Technology Co LtdUpstream raw material prices rose more than expected, hurting profit.