*ST Baoxin disclosed its earnings forecast, expecting a net loss attributable to the parent company of 30 million to 44 million yuan in the first half of 2026, compared with a loss of 44.8268 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 40 million to 48 million yuan, compared with a loss of 41.346 million yuan in the same period last year. The company stated that the main reason for the loss is the difficulty in digesting historical inventory, leading to a large provision for asset impairment, and gross profit is insufficient to cover various period expenses. However, the revenue share of the intelligent manufacturing segment has increased, the overall gross margin has improved, and the company has deeply implemented cost reduction and efficiency improvement, resulting in a year-on-year improvement in operating profit.
Jiangsu Boamax Technologies Group Co LtdCompany expects net loss of 30-44 million yuan in H1 2026, with asset impairment and insufficient gross profit.