CONFIDENCE IN (01967) issued a profit warning, expecting a mid-term net loss not exceeding 5 million yuan, turning from profit to loss year-on-year.
Xinke Intelligent (01967) announced that the group expects to incur a net loss of no more than approximately RMB 5 million for the six months ending June 30, 2026 (the Period), compared to a profit of approximately RMB 2.2 million for the same period in 2025. The net loss for the Period is mainly due to a decrease in gross profit margin of about 5% to 7%, which results from the combined effects of the following factors: (a) intensified market competition leading to reduced orders and price cuts from a major customer; (b) the overall cost in the electronic components industry continues to rise, such as the sustained increase in procurement prices for raw materials like PCBs, chips, diodes, transistors, connectors, and other components.
CONFIDENCE IN (01967) announced that the Group expects to incur a net loss of no more than approximately RMB 5 million for the six months ending June 30, 2026 (the current period), compared to a profit of approximately RMB 2.2 million in the same period of 2025. The net loss for the current period is primarily due to a decline in gross margin of about 5% to 7%, which is the result of the combined effect of the following factors: (a) intensified market competition, leading to a reduction in orders and price adjustments from a major customer; (b) the overall cost in the electronic components industry continues to rise, as procurement prices for raw materials such as PCBs, chips, diodes, transistors, connectors, and other components keep increasing.
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