ST Xilinmen disclosed its earnings forecast, expecting a net loss attributable to the parent company of 31 million to 40 million yuan in the first half of 2026, compared with a profit of 266 million yuan in the same period last year. The company also expects to achieve operating revenue of 3.8 billion yuan in the same period, a year-on-year decline of 5.48%, with a non-recurring net loss of 38 million to 47 million yuan, compared with a profit of 260 million yuan in the same period last year. The change in performance is mainly due to the decline in revenue from high-margin domestic offline businesses caused by industry conditions and intensified competition, leading to a phased decline in overall gross margin. At the same time, the company proactively increased marketing investment in new retail channels and incurred approximately 49 million yuan in exchange losses.
Xilinmen Furniture Co LtdExpects net loss of 31-40 million yuan in H1 2026 vs profit of 266 million yuan last year, with revenue down 5.48%.