Shenglong Jinxiu International (08481) issued a profit warning. It is expected that the net loss due to shareholders in the medium term will be about 10.5 million yuan in profit and loss year-on-year

According to the Zhitong Finance App, Shenglong Jinxiu International (08481) issued an announcement. Compared with the net profit attributable to the Company's owners of RMB 19.9 million for the six months ended June 30, 2025, the Group expects to obtain a net loss attributable to the Company's owners of approximately RMB 10.5 million for the six months ending June 30, 2026. The anticipated net loss for the six months ended June 30, 2026 is mainly due to a sharp decrease in gross profit, which is mainly due to (i) reduced revenue due to lower sales prices and sales volume; and (ii) higher prices of production materials and manufacturing costs.