PNC Process Systems announced that it expects a net loss attributable to shareholders of the listed company of 260 million to 380 million yuan in the first half of 2026. The change in performance is mainly due to the long execution cycle of the company's high-purity process system business, coupled with intensified market competition, leading to an expected year-on-year decline in revenue and gross profit in the first half of 2026. The company expects a net loss of 181 million to 301 million yuan in the second quarter, compared with a net loss of 79 million yuan in the first quarter, implying a continued quarter-on-quarter loss in the second quarter.
PNC Process Systems Co LtdExpects net loss due to long execution cycle and intensified competition leading to revenue and gross profit decline.