BUYANG INTL expects first-half loss, reversing from profit a year earlier
Stock News
Aug 07
BUYANG INTL (02457) has issued a profit warning, forecasting a net loss of approximately RMB 500,000 to RMB 4.5 million for the first half of 2026.
This compares with a net profit of about RMB 5.9 million reported for the same period in 2025, marking a sharp swing from profit to loss.
The company attributed the weaker performance to two main factors. First, the sustained high market price of aluminum ingots, a key raw material, has pushed up production costs and squeezed margins. Second, increased volatility in the foreign exchange market has led to significant exchange losses due to currency fluctuations.
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