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Guotou Zhonglu: expects net profit in the first half of 2026 to decrease year-on-year by 95.22% to 92.82%

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Goutou Zhonglu’s announcement states that it expects net profit attributable to the owners of the parent company for the first half of 2026 to be RMB 1.20 million to RMB 1.80 million. Compared with the same period last year, it is expected to decrease by RMB 23.8802 million to RMB 23.2802 million, representing a year-on-year decrease of 95.22% to 92.82%. It also expects net profit attributable to the owners of the parent company for the first half of 2026 after deducting non-recurring gains and losses to be -RMB 1.70 million to -RMB 1.10 million. Compared with the same period last year, it is expected to decrease by RMB 23.9303 million to RMB 23.3303 million, representing a year-on-year decrease of 107.65% to 104.95%. In the same period last year, due to adjustments to U.S. tariff policies, customer demand was released earlier, leading to a significant increase in revenue and correspondingly larger profit realization. In the current period, demand is weaker; prices of the company’s main products have fallen; and combined with factors such as higher ocean freight rates and a weaker exchange rate, the company’s revenue during the reporting period declined and the gross profit amount decreased. As the company has a relatively high proportion of exports, the rapid appreciation of the RMB against the U.S. dollar caused the year-on-year net foreign exchange gains and losses to turn from a profit into a loss.
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