Genvict Technologies disclosed an earnings forecast, estimating a net loss attributable to shareholders of 38 million to 48 million yuan for the first half of 2026, compared with a loss of 11.8163 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 59 million to 69 million yuan, versus a loss of 21.2502 million yuan a year earlier. The company said revenue from traditional businesses is under pressure, while emerging businesses such as digital energy and low-altitude intelligent connectivity are still in the incubation stage, with continued heavy investment in research and development and marketing yet to generate significant revenue, leading to an overall decline in performance.
Shenzhen Genvict Technologies Co LtdCompany forecasts a significantly larger net loss for first-half 2026 compared to last year, indicating deteriorating financial performance.