Shenzhen Auto Electric Power Plant Co LtdExpects wider net loss of 35-40.6M yuan vs 28.97M loss last year, due to higher period expenses, personnel costs, depreciation, and lower other income.

ST Aotexun disclosed its earnings forecast, expecting a net loss attributable to the parent company of 35 million to 40.6 million yuan for the first half of 2026, compared with a loss of 28.9689 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 37 million to 42.6 million yuan, compared with a loss of 32.4157 million yuan a year earlier. The company said the change in performance was mainly due to an increase in period expenses, including a year-on-year rise in personnel costs from organizational restructuring, as well as higher depreciation after the completion and transfer to fixed assets of the Aotexun Industrial Park project, while other income decreased year-on-year. The company's main businesses cover three categories: industrial power supplies, new energy electric vehicle charging, and energy storage microgrids and new power systems.
Shenzhen Auto Electric Power Plant Co LtdExpects wider net loss of 35-40.6M yuan vs 28.97M loss last year, due to higher period expenses, personnel costs, depreciation, and lower other income.