Yuejian Intelligent has disclosed its earnings forecast, expecting a net profit attributable to the parent company of 28 million to 32 million yuan for the first half of 2026, a year-on-year decline of 48.91% to 55.29%. Deducted non-recurring net profit is expected to be 18 million to 21 million yuan, down 59.62% to 65.39% year-on-year. The company is mainly engaged in the research, development, production, and sales of textile machinery. The decline in performance is primarily due to reduced downstream market demand and intensified competition, leading to a decrease in sales volume of texturing machines and a drop in product gross margins.
Zhejiang Yuejian Intelligent Equipment Co LtdCompany expects net profit to drop 48.91%-55.29% due to reduced downstream demand and intensified competition.