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STOCKS | Xinlian Electronics Forecasts 2026 First-Half Net Profit to Rise 134.57% to 147.87%

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2026-07-07 07:47:42
Xinlian Electronics said it expects net profit attributable to shareholders for the first half of 2026 to be 441 million yuan to 466 million yuan, up 134.57% to 147.87% year over year.

According to Jin10, the company said net profit excluding non-recurring items is expected to be 71 million yuan to 76 million yuan, down 11.79% to 5.58% from a year earlier.

The company attributed the increase in reported profit mainly to higher investment income from wealth management products and gains from fair value changes in trading financial assets. It said these items are classified as non-recurring gains and losses.

Xinlian Electronics estimated that non-recurring items will affect net profit by 370 million yuan to 390 million yuan in the first half of 2026, an increase from the same period a year earlier.
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