Zhejiang Golden Eagle Co Ltd600232
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Company expects to return to profit in first half of 2026, with improved margins in textile business.
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Zhejiang Golden Eagle Co LtdGolden Eagle has disclosed its earnings forecast, expecting a net profit attributable to shareholders of 18 million to 21 million yuan for the first half of 2026, compared with a loss of 8.7692 million yuan in the same period last year, achieving a turnaround. Net profit after deducting non-recurring items is expected to be 16 million to 19 million yuan, compared with a loss of 9.2931 million yuan a year earlier. The company stated that product selling prices and gross margins in its textile business have improved significantly year-on-year, while revenue and profitability in its plastic machinery and textile machinery businesses remained stable.
Zhejiang Golden Eagle Co LtdCompany expects to return to profit in first half of 2026, with improved margins in textile business.