Hongbo Shares disclosed an earnings forecast, expecting a net loss attributable to the parent of 42.4 million to 62.8 million yuan in the first half of 2026, compared with a profit of 42.2591 million yuan in the same period last year. The company expects operating revenue of 164 million to 200 million yuan for the period, a net loss after deducting non-recurring items of 51.8 million to 77.4 million yuan, and basic earnings per share between negative 0.0859 yuan and negative 0.1272 yuan. The swing from profit to loss was mainly due to intensified competition in the printing business, which led to lower revenue and overall gross margins. At the same time, the high base formed in the same period last year by the revenue and profit recognized from the acceptance of a major computing power project by its subsidiary Beijing Yingbo Digital Technology Co., Ltd. widened the year-on-year decline.
Hongbo Co LtdIntensified competition in printing business led to lower revenue and gross margins, causing a net loss.
High base from a major computing power project accepted in the prior period widened the year-on-year decline.