Haige Communications disclosed its earnings forecast, expecting a net loss attributable to the parent company of 150 million to 195 million yuan in the first half of 2026, compared with a profit of 2.5138 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 220 million to 265 million yuan, compared with a loss of 36.3363 million yuan a year earlier. The company stated that the loss was mainly due to a decline in revenue scale caused by adjustments among industry clients and the pace of contract signing, as well as a drop in gross margin resulting from changes in product mix. At the same time, the company continued to invest in research and development in emerging fields such as chips, satellite internet, BeiDou, robotics, and embodied intelligence.
Guangzhou Haige Communications Group Incorporated CoExpects net loss of 150-195 million yuan in H1 2026, compared to profit of 2.5 million yuan last year, due to revenue decline and margin drop.