OGAWA disclosed an earnings forecast, expecting a net loss attributable to the parent of 60 million to 90 million yuan for the first half of 2026, compared with a profit of 27.03 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 78 million to 117 million yuan, versus a profit of 16.54 million yuan a year earlier. The company said the change in performance was mainly due to the appreciation of the renminbi exchange rate, market competition, and changes in product sales mix leading to a decline in gross margin. Meanwhile, the depreciation of foreign currencies against the renminbi resulted in an exchange loss of about 72 million yuan, compared with an exchange gain of 62.49 million yuan in the same period last year. In addition, it plans to make an asset impairment provision of about 23 million yuan.
Xiamen Comfort Science&Technology Group Co LtdCompany forecasts net loss for first-half 2026, citing exchange losses, competition, and product mix changes.