Xinlong Holding disclosed its earnings forecast, expecting a net loss attributable to the parent of 3 million yuan in the first half of 2026, compared to a loss of 843,300 yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 9 million yuan, compared to a loss of 4.0895 million yuan in the same period last year. Basic earnings per share are expected to be negative 0.0056 yuan. The company stated that orders and revenue for its main business of new nonwoven materials increased steadily year-on-year, but due to global geopolitical conflicts and crude oil price fluctuations, the prices of upstream bulk raw materials such as polyester and viscose rose sharply, increasing production costs and squeezing product gross margins. At the same time, exchange rate fluctuations also adversely affected profitability, leading to an increase in losses in the first half of the year.
Xinlong Holding Group Co LtdRising upstream raw material prices (polyester, viscose) due to geopolitical conflicts and crude oil fluctuations increase production costs and squeeze gross margins.