Hangzhou Great Star Industrial Co LtdEarnings forecast shows net profit change -5% to +15%, with mixed signals: revenue growth and AI investment but FX losses.

Great Star Technology disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 1.209 billion and 1.464 billion yuan, representing a year-on-year change of negative 5 percent to positive 15 percent. Operating revenue for the same period is expected to grow about 5 percent year on year, with non-recurring net profit forecast at 1.192 billion to 1.442 billion yuan, a year-on-year change of negative 5 percent to positive 15 percent. The company said it is accelerating professional product development in response to US demand for new AI infrastructure, and increasing investment in cross-border e-commerce and own brands to drive revenue growth. However, the roughly 4.9 percent appreciation of the yuan's central parity rate against the US dollar had a significant negative impact on gross and net margins, with exchange losses alone expected to exceed 100 million yuan.
Hangzhou Great Star Industrial Co LtdEarnings forecast shows net profit change -5% to +15%, with mixed signals: revenue growth and AI investment but FX losses.