Montnets Technology disclosed an earnings forecast, expecting a net loss attributable to the parent company of 80 million to 100 million yuan for the first half of 2026, compared with a profit of 9.2399 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 89 million to 109 million yuan, compared with a loss of 20.6612 million yuan a year earlier. The company attributed the decline in performance mainly to tighter regulatory policies of domestic operators, intensified price competition in traditional SMS, and slower-than-expected introduction of new 5G reading message products, leading to a continuous decline in business scale and gross margin. At the same time, slower customer payments increased the provision for bad debts on accounts receivable, and severance compensation from personnel optimization pushed up administrative expenses.
Montnets Cloud Technology Group Co LtdTighter regulatory policies of domestic operators are a key cause of the expected loss.