Yubang Electric disclosed an earnings forecast, expecting a net loss attributable to the parent company of 42 million to 50 million yuan in the first half of 2026, compared with a profit of 24.0543 million yuan in the same period last year. Deducted non-recurring net loss is expected to be 51 million to 60 million yuan, compared with a profit of 16.1456 million yuan a year earlier. The company said the loss was mainly due to a decline in gross margin and an increase in period expenses. The revenue share of high-margin smart power products fell due to customer delivery delays, while bid prices declined. Additionally, research and development investment and new business promotion led to higher employee compensation and travel expenses.
Beijing Yupont Electric Power Technology Co LtdExpects net loss of 42-50 million yuan in H1 2026 vs profit of 24 million yuan a year ago, due to declining gross margin and rising expenses.