Fenghuo Electronics disclosed its earnings forecast, expecting a net loss attributable to the parent company of 125 million to 230 million yuan in the first half of 2026, compared with a loss of 89.6079 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 130 million to 235 million yuan, compared with a loss of 92.6713 million yuan a year earlier. The company is mainly engaged in the research, production, and sales of communication equipment and electroacoustic devices. The change in performance is primarily due to lower-than-expected demand for traditional equipment orders, resulting in fewer product deliveries in the first half of the year. Changes in product sales mix and price declines for some products led to a decrease in overall gross margin, while provisions for bad debts also increased.
Shaanxi Fenghuo Electronics Co LtdLower-than-expected demand for traditional equipment orders led to fewer product deliveries and a net loss.