Shenda Shares disclosed an earnings forecast, expecting a net profit attributable to the parent company of 28.81 million yuan to 43.21 million yuan in the first half of 2026, compared with a loss of 53.6366 million yuan in the same period last year, achieving a turnaround year-on-year. Deducted non-recurring profit is expected to be 26.43 million yuan to 39.64 million yuan, compared with a loss of 60.8681 million yuan in the same period last year. The company stated that the improvement in performance was mainly due to the fact that in the same period last year, the euro borrowings of its overseas subsidiary Auria Solutions Ltd. generated an exchange loss of 83.6 million yuan, and this year the euro borrowings have been replaced with US dollar borrowings, eliminating that impact. The company's main businesses include automotive interiors and acoustic components, new textile materials, and import and export trade.
Shanghai Shenda Co LtdExpects to return to profit in H1 2026, with net profit of 28.81-43.21 million yuan vs loss of 53.64 million yuan last year, driven by elimination of exchange losses from euro borrowings.