Huida Sanitary Ware disclosed its earnings forecast, expecting a net loss attributable to shareholders of 72 million to 90 million yuan in the first half of 2026, compared with a profit of 17.9718 million yuan in the same period last year. The company expects revenue of 1.148 billion yuan for the period, down 19.41 percent year on year. Its non-recurring net loss is expected to be 96 million to 120 million yuan, compared with a loss of 29.8585 million yuan a year earlier. The change in performance was mainly affected by multiple factors, including adjustments in the domestic real estate industry, weak end-user demand, intensified competition in the sanitary ware market putting pressure on retail and engineering businesses, as well as international geopolitical conflicts, the cancellation of export tax rebate policies, and increased exchange losses caused by exchange rate fluctuations. The company said it is currently in a phase of deep strategic transformation, systematically adjusting its organization and omni-channel operation management mechanisms, with revenue scale under phased pressure. However, its asset-liability structure remains robust, and its ability to sustain operations and withstand risks is relatively good.
Huida Sanitary Ware Co LtdWeak end-user demand and domestic real estate adjustments reduce revenue.