Ruiert disclosed its earnings forecast, expecting a net loss attributable to shareholders of 11 million to 16 million yuan in the first half of 2026, compared with a profit of 51.6662 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 14.5 million to 19.5 million yuan, compared with a profit of 40.2412 million yuan a year earlier. Basic loss per share is estimated at 0.03 to 0.04 yuan. The company is mainly engaged in the research, development, production, and sales of products related to bathroom space and household water system solutions. The change in performance is primarily due to overall weak demand in the household bathroom industry and intense competition, which has led to a decline in product unit prices and a downward trend in operating revenue. At the same time, pressure on the pricing system and rigid cost expenditures have squeezed profit margins, resulting in a significant weakening of profitability.
Xiamen R&T Plumbing Technology Co LtdCompany expects net loss due to weak demand in household bathroom industry and intense competition.