Jicheng Electronics disclosed its earnings forecast, expecting a net loss attributable to shareholders of the listed company of 65 million to 88 million yuan for the first half of 2026, compared with a loss of 60.3043 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 75 million to 98 million yuan, compared with a loss of 64.1815 million yuan a year earlier. Basic loss per share is projected at 0.13 to 0.17 yuan. The company stated that overall revenue grew during the reporting period, but delays in the delivery and acceptance of some orders led to lower-than-expected revenue recognition. At the same time, due to changes in product mix, such as a decline in the revenue share of overseas products in the public utility automation business, both gross profit and gross margin decreased, resulting in a larger net loss attributable to shareholders of the listed company compared with the same period last year.
Integrated Electronic Systems Lab Co LtdCompany expects a larger net loss for first-half 2026 due to lower revenue recognition and decreased gross margin.