World Transport Circuit (603920.SH) sales were pre-reduced, and net profit due to a year-on-year decrease of 73.97% to 82.56% for the half-year period is expected to decrease by 73.97% to 82.56% year-on-year

Zhitong Finance App News, World Transport Circuit (603920.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies in the first half year of 2026 of 67 million yuan to 100 million yuan, a year-on-year decrease of 82.56% to 73.97%.

The decline in performance was mainly due to phased external factors such as the rapid rise in raw material costs due to a sharp rise in commodity prices in the first half of the year, and cost transmission delays caused by production and delivery cycles.

During the reporting period, the exchange rate of RMB against the US dollar continued to appreciate. The company's product exports were mainly settled in US dollars, and raw material purchases were mainly settled in RMB. Phased exchange rate fluctuations caused the company to incur exchange losses during the current period. In response to the above situation, the company has recently formulated a price increase plan for the third time of the year, which is expected to significantly improve the company's operating performance in the second half of the year; the Thai factory has now entered the mass production stage, which will accelerate the pace of production capacity climbing in the future, continue to promote the certification of new customers and new products, and become the company's core production capacity as soon as possible.