Yatai Group disclosed its earnings forecast, expecting a net loss attributable to the parent company of 500 million yuan in the first half of 2026, compared to a loss of 823 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 540 million yuan, compared to a loss of 841 million yuan a year earlier. The company stated that the persistently sluggish building materials market, rising raw coal purchase prices, and intense industry competition led to a year-on-year decline in both prices and sales volumes of building materials products, resulting in continued losses in the building materials sector. Meanwhile, the deep adjustment in the real estate industry and insufficient market demand caused both sales volumes and prices of commercial housing to fall, narrowing profit margins, while rigid operating costs continued to be incurred, leading to losses in the real estate business. The company currently has an industrial structure centered on building materials, real estate, and pharmaceuticals, with involvement in cultural tourism and financial investments.
Jilin Yatai Group Co LtdPersistently sluggish building materials market and insufficient real estate demand causing losses.