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Tongda Co., Ltd. announced that net profit for the first three quarters of 2026 is expected to be 37 million yuan to 54.3 million yuan, or 132 million yuan for the same period last year, down 58.85%-71.96% year on year; after deducting non-net profit of 32.83 million yuan to 47.33 million yuan, or 129 million yuan for the same period last year, a year-on-year decrease of 63.35%-74.58%. The performance forecast data is the result of preliminary calculations by the finance department and has not been audited by an accounting firm. Revenue increased, but due to increased competition in the industry and price fluctuations of raw materials such as copper and aluminum, the gross margin of products in the cable sector declined year-on-year; the pace of demand from downstream customers in the aircraft parts precision processing and assembly sector slowed down, and there were phased fluctuations in order placement and product delivery.
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Tongda Co., Ltd. announced that net profit for the first three quarters of 2026 is expected to be 37 million yuan to 54.3 million yuan, or 132 million yuan for the same period last year, down 58.85%-71.96% year on year; after deducting non-net profit of 32.83 million yuan to 47.33 million yuan, or 129 million yuan for the same period last year, a year-on-year decrease of 63.35%-74.58%. The performance forecast data is the result of preliminary calculations by the finance department and has not been audited by an accounting firm. Revenue increased, but due to increased competition in the industry and price fluctuations of raw materials such as copper and aluminum, the gross margin of products in the cable sector declined year-on-year; the pace of demand from downstream customers in the aircraft parts precision processing and assembly sector slowed down, and there were phased fluctuations in order placement and product delivery.
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