Guangdong Jingyi Metal Co LtdCompany forecasts 59.7%-67.03% drop in net profit due to lower copper processing fees and cost pressures.

Jingyi Shares disclosed an earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 3.58 million yuan and 4.38 million yuan, a year-on-year decline of 59.7% to 67.03%. Deducted non-recurring net profit is expected to be between 1.83 million yuan and 2.24 million yuan, a year-on-year decline of 73.52% to 78.33%, with basic earnings per share between 0.0143 yuan and 0.0175 yuan. The company stated that the decline in performance was mainly due to a year-on-year drop in gross margin caused by lower copper processing fees and cost pressures, as well as an increase in credit impairment losses due to slower-than-expected collections from some customers.
Guangdong Jingyi Metal Co LtdCompany forecasts 59.7%-67.03% drop in net profit due to lower copper processing fees and cost pressures.