Haiwei Co., Ltd. (09609) Fa Ying Guang expects profit attributable to the company's owners to be about 3.6 million to 7.4 million yuan in the first half of the year decreased by about 80%-90% year-on-year

According to Zhitong Finance App News, Haiwei Co., Ltd. (09609) announced that the group expects to obtain profit attributable to company owners of about 3.6 million to 7.4 million yuan in the first half of 2026, a year-on-year decrease of about 80.0% to 90.0%.

The board of directors believes that the reduction in profit attributable to company owners is mainly due to a year-on-year decrease of about 19.9 million to 23.7 million yuan in gross profit during the expected period. This is mainly due to increased competition in the domestic market, which led to a decrease in the average selling price of the Group's main products and putting pressure on the Group's overall profitability; and an increase in foreign exchange loss expectations of about 12.5 million to 13.5 million yuan. This is mainly due to the appreciation of RMB against the Hong Kong dollar in the first half of 2026 and the conversion of proceeds from the Group's initial public offering.

Despite these challenges, according to data currently available to the board of directors, the sales volume of the Group's core capacitor film products is expected to increase slightly over the same period in 2025 for the six months ended June 30, 2026, and sales prices have shown signs of recovery since May 2026. Sales performance and price recovery reflect the resilience of the company's products in the face of short-term industry fluctuations and market recognition.