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Shin-Etsu Holdings (06038)'s profit warning expects medium-term profit to decrease by no less than 40% year on year
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According to the Zhitong Finance App, Xinetsu Holdings (06038) announced that the Group expects profit for the six months ending June 30, 2026 to be reduced by no less than 40% compared to the same period in 2025. The expected decline in profit is mainly due to delays in the progress of several of the Group's ongoing projects and the fact that major contract works for newly acquired projects will be carried out in the second half of 2026 or later, thereby reducing the revenue confirmed during the period.

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