Symbiosis Smart Construction (00627) issued a profit warning. The net loss for the first half of the year is expected to be about 13.5 million yuan to 15.5 million yuan

According to the Zhitong Finance App, Symbiosis Smart Construction (00627) announced that the Group expects a net loss of approximately RMB 13.5 million to RMB 15.5 million in the six months ending June 30, 2026; while for the six months ending June 30, 2025, the Group will have a net loss of approximately RMB 13.4 million.

According to the announcement, the expected net loss during the reporting period is mainly due to: the Group's expected gross loss of not less than RMB 600,000, while the Group obtained gross profit of about RMB 900,000 in the same period last year; the Group expected administrative expenses of about RMB 9 million, approximately RMB 7.2 million in the same period last year; and the Group's anticipated financial costs of about RMB 9.8 million, and financial costs of about RMB 9.4 million for the same period last year.