Suzhou Cheersson Precision Metal FoImpact on stocks 1
Suzhou Cheersson Precision Metal FoRuima Precision disclosed its earnings forecast, expecting a net loss attributable to the parent company of 13.65 million to 17.73 million yuan in the first half of 2026, compared with a profit of 18.40 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 20.62 million to 26.78 million yuan, compared with a profit of 15.24 million yuan in the same period last year. Basic earnings per share are expected to be negative 0.07 yuan to negative 0.09 yuan. The company stated that the change in performance was mainly due to a sharp decline in gross profit caused by rising raw material prices, as well as a significant year-on-year increase in net exchange losses due to exchange rate fluctuations.