Tederic Machinery disclosed a performance forecast, expecting net profit attributable to shareholders of the parent company in the first half of 2026 to be between 8 million and 10.5 million yuan, a year-on-year decline of 81.38% to 85.81%. The company said the profit drop was mainly affected by two factors. First, exchange rate fluctuations, as changes in the renminbi exchange rate resulted in an exchange loss of about 31 million yuan in the current period, compared with an exchange gain of 19.21 million yuan in the same period last year, a difference of about 50.2 million yuan. Second, international shipping costs continued to rise. The company has a relatively high proportion of overseas revenue, and increased transportation costs squeezed profit margins. Tederic Machinery specializes in the research, development, production, and sales of injection molding machines, and provides injection molding solutions.
Tederic Machinery Co LtdExchange rate fluctuations caused a large exchange loss, reducing net profit.