Jinan High tech Development Co LtdExpects wider net loss of 54M yuan in H1 2026 vs 46.68M loss last year, due to litigation provisions and industry decline.

Jigao Development disclosed an earnings forecast, expecting a net loss attributable to the parent of 54 million yuan in the first half of 2026, compared with a loss of 46.6766 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 29 million yuan, compared with a loss of 26.5063 million yuan in the same period last year. The company stated that the losses were mainly due to provisions for estimated compensation losses from existing litigation cases, as well as a decline in operating performance affected by the industry. Based on the closing price on July 14, the company's price-to-earnings ratio is approximately negative 9.97 times, the price-to-book ratio is about 7.27 times, and the price-to-sales ratio is about 6.78 times. Jigao Development's main businesses include in vitro diagnostics, trading, real estate, and property services.
Jinan High tech Development Co LtdExpects wider net loss of 54M yuan in H1 2026 vs 46.68M loss last year, due to litigation provisions and industry decline.