Buyang International Holding Inc. issued a profit warning for the six months ended 30 June 2026, projecting a net loss of approximately RMB0.50 million to RMB4.50 million. The company recorded a net profit of about RMB5.90 million in the corresponding period of 2025, indicating a year-on-year downturn of roughly RMB6.40–10.40 million.
Management attributed the expected swing into loss primarily to two factors:
1. Persistent elevation in aluminium ingot prices, which pushed up production costs and eroded margins. 2. Heightened foreign-exchange volatility, resulting in notable currency-related losses.
The disclosed figures stem from preliminary, unaudited management accounts. Final interim results are slated for release by the end of August 2026. Shareholders and potential investors have been advised to exercise caution when dealing in the company’s shares.