Tecsun Science & Technology issued an announcement, expecting a net loss attributable to the parent company of 25 million to 28 million yuan for the first half of 2026, compared with a profit of 8.87 million yuan in the same period last year, a year-on-year decline of 381.86% to 415.68%. The net loss after deducting non-recurring items is expected to be 26 million to 30 million yuan, a year-on-year decline of 486.24% to 545.66%. The company stated that the pressure on performance is mainly due to the industry being in a phase of business transformation, while the company has increased investment in research and development of innovative businesses, scenario implementation, and value monetization. The proportion of period expenses rose slightly year-on-year, and the related economic benefits have not yet been fully released. In the first quarter of 2026, Tecsun Science & Technology achieved revenue of 93.41 million yuan, with a net profit attributable to the parent company of negative 9.65 million yuan.
Guangdong Tecsun Science & Technology Co LtdCompany expects a net loss of 25-28 million yuan for H1 2026, a sharp decline from a profit of 8.87 million yuan a year earlier.