Kinlong Hardware has disclosed its earnings forecast, projecting a net loss attributable to shareholders of 60 million to 70 million yuan for the first half of 2026, compared with a loss of 30.4322 million yuan in the same period last year. The company expects operating revenue to decline by 14% to 15% year-on-year, with a net loss after deducting non-recurring items of 80 million to 85 million yuan, and a basic loss per share of 0.17 to 0.2 yuan. The decline in performance is mainly due to the weak recovery of the domestic construction industry, reduced market demand, and intensified industry competition.
Guangdong Kinlong Hardware Products Co LtdProjects a net loss of 60-70 million yuan for H1 2026 due to weak domestic construction demand and reduced market demand.