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According to Mustang Battery's announcement, it is expected to achieve net profit of -133.355 million yuan to -8.894 million yuan for the first half year of 2026, or 306.261 million yuan for the same period of the previous year; net profit after deducting non-recurring profit and loss is -16.584 million yuan to -11.05.37 million yuan, compared to 24.3705 million yuan for the same period last year. The change in performance was mainly due to a reduction in the export tax rebate rate and the continued appreciation of RMB against the US dollar. The former had a phased negative impact on operating profits, while the latter led to a contraction in revenue and an increase in financial expenses.
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According to Mustang Battery's announcement, it is expected to achieve net profit of -133.355 million yuan to -8.894 million yuan for the first half year of 2026, or 306.261 million yuan for the same period of the previous year; net profit after deducting non-recurring profit and loss is -16.584 million yuan to -11.05.37 million yuan, compared to 24.3705 million yuan for the same period last year. The change in performance was mainly due to a reduction in the export tax rebate rate and the continued appreciation of RMB against the US dollar. The former had a phased negative impact on operating profits, while the latter led to a contraction in revenue and an increase in financial expenses.
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