Hainan Ruizhe disclosed an earnings forecast, expecting a net loss attributable to the parent of 49.5 million to 67.5 million yuan in the first half of 2026, compared with a loss of 68.0317 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 51 million to 69 million yuan, compared with a loss of 78.6933 million yuan a year earlier. The company stated that intensified competition in the commercial concrete market and declining sales prices, along with a drop in raw material comprehensive costs that was smaller than the decline in selling prices, led to a decrease in revenue and gross margin for this business. Revenue from the municipal sanitation business also fell due to fierce regional competition. At the same time, the company stepped up collection of long-aging receivables, resulting in a year-on-year decrease in impairment loss provisions for the period, and increased investment income from the improved performance of its associates.
Hainan RuiZe New Building Material Co LtdIntensified competition in commercial concrete and municipal sanitation markets, with declining sales prices and revenue.