Xintian Technology (300259.SZ) pre-cut. Net profit to mother is expected to drop 69.58% to 79.72% year-on-year in the first half of the year

According to the Zhitong Finance App, Xintian Technology (300259.SZ) released its 2026 semi-annual results forecast. Net profit attributable to shareholders of listed companies is expected to be between 16 million yuan and 24 million yuan in the first half of the year, a year-on-year decrease of 69.58% to 79.72%.

During the reporting period, affected by the full competitive environment in the industry, the company's management adhered to the business philosophy of high-quality development, further optimized the customer structure and product structure, and actively reduced the product business with low gross profit, high resource consumption, and poor comprehensive benefits. As a result, the company's operating income declined year-on-year during the reporting period. Also, during the reporting period, the gross margin of some of the company's products declined year-on-year, leading to a year-on-year decline in performance during the reporting period.