ST Infi disclosed its earnings forecast, expecting a net loss attributable to the parent of 85 million to 98 million yuan in the first half of 2026, compared with a loss of 9.6225 million yuan in the same period last year, a significant widening of the loss. The company's net loss after deducting non-recurring items is expected to be 55 million to 68 million yuan, compared with a loss of 23.1541 million yuan in the same period last year. Basic loss per share is expected to be between 0.0709 yuan and 0.0818 yuan. The change in performance is mainly due to a slight year-on-year decline in revenue scale and gross profit margin caused by insufficient working capital, and the absence of a large reversal of credit impairment losses on a single project that occurred in the same period last year. Non-recurring items are expected to affect net profit by approximately 30 million yuan. The company stated that it has achieved a significant year-on-year reduction in expenses through cost reduction and efficiency improvement, and the operating loss excluding non-recurring items has narrowed year-on-year.
Shenzhen Infinova LtdExpects net loss to widen significantly in first half of 2026 due to declining revenue and gross margin.