ST Tianyi disclosed an earnings forecast, expecting a net loss attributable to the parent company of 150 million to 178 million yuan in the first half of 2026, compared with a loss of 209 million yuan in the same period last year, narrowing the loss. The company expects operating revenue for the same period to be 210 million to 255 million yuan, down 39.71% to 50.35% year on year; non-GAAP net loss is expected to be 140 million to 168 million yuan, compared with a loss of 225 million yuan in the same period last year. The company said the photovoltaic business remained sluggish, carbon-carbon business shipments declined, the quartz crucible business had not yet resumed production, and revenue from rail transit and aerospace businesses shrank, leading to an overall decline in revenue; however, through continued cost reduction and expense control, net profit is expected to narrow the loss compared with the same period last year.
Beijing Tianyishangjia New Material Corp LtdCompany expects net loss of 150-178 million yuan in H1 2026, though loss narrows year-over-year.
