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Shuangdeng Group expects H1 loss of RMB 20 million-RMB 30 million, swings from year-ago profit
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Shuangdeng Group expects H1 loss of RMB 20 million-RMB 30 million, swings from year-ago profit
  • Shuangdeng flagged a swing to a net loss of RMB 20 million to RMB 30 million for the six months ended June 30, 2026.
  • That compares with a profit of about RMB 160 million a year earlier.
  • Results hit by a provision of about RMB 80 million tied to a review of historical tax matters.
  • Exchange-rate volatility drove foreign-exchange losses of about RMB 56 million.
  • Profitability also pressured by export tax rebate changes, higher raw material costs, and increased R&D spending.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shuangdeng Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260715-12245779), on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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