Huiyuan Communication disclosed its performance forecast, expecting a net loss attributable to the parent company of 8 million to 12 million yuan in the first half of 2026, compared with a profit of 8.5731 million yuan in the same period last year. The non-recurring net loss is expected to be 8.5 million to 12.5 million yuan, compared with a profit of 7.4704 million yuan in the same period last year. The company stated that the change in performance was mainly due to a decline in the revenue scale of optical cable products, a decrease in the gross profit margin of online monitoring products, and a reduction in the gross profit contribution of core businesses. The newly established subsidiary is in the incubation period, with high initial fixed operating costs and no profit yet. Additionally, the termination of the private placement led to related intermediary expenses being charged to current administrative expenses.
Sichuan Huiyuan Optical ComCompany expects net loss of 8-12 million yuan in H1 2026 vs profit of 8.57 million yuan last year, due to declining revenue and margins.