Han Jian Heshan disclosed its earnings forecast, expecting a net loss attributable to the parent of 11.5 million to 17 million yuan in the first half of 2026, compared with a profit of 6.3761 million yuan in the same period last year. The net loss after deducting non-recurring items is also expected to be 11.5 million to 17 million yuan, versus a profit of 6.0216 million yuan a year earlier. The company explained that the loss is mainly because newly won projects are still in the base construction or stockpiling stage in the first half of the year and have not yet generated revenue, while existing orders have largely completed delivery, resulting in expected revenue not being realized while fixed expenses continue to be incurred. According to company information, its main business is the production and sale of prestressed steel cylinder concrete pipes, reinforced concrete pipes, and concrete admixtures.
Beijing Hanjian Heshan Pipeline Co LtdCompany expects a net loss of 11.5-17 million yuan in H1 2026, compared to a profit last year, due to delayed revenue recognition from new projects and fixed expenses.