Shandong Binzhou Bohai Piston Co LtdCompany expects net loss attributable to parent of 2.8-3.5 million yuan in H1 2026, swinging from profit of 301 million yuan in H1 2025.
Bohai Automotive disclosed an earnings forecast, expecting a net loss attributable to the parent of 2.8 million to 3.5 million yuan in the first half of 2026, compared with a profit of 301 million yuan in the same period last year. Deducted non-recurring net loss is expected to be 10 million to 13 million yuan, compared with a profit of 5.5374 million yuan in the same period last year. The company explained that the swing from profit to loss was mainly due to the former German subsidiary BTAH no longer being included in the consolidation scope in the first half of 2025, resulting in a higher comparable base for the same period. In addition, factors such as rising raw material aluminum prices, a decline in orders at subsidiary Taian Qicheng due to the impact of Sino-US trade friction and an increase in one-time severance payments, and increased exchange losses caused by exchange rate fluctuations, jointly contributed to the operating loss in the first half of 2026.
Shandong Binzhou Bohai Piston Co LtdCompany expects net loss attributable to parent of 2.8-3.5 million yuan in H1 2026, swinging from profit of 301 million yuan in H1 2025.
Rising raw material aluminum prices are cited as a factor contributing to the operating loss.
Subsidiary Taian Qicheng experienced a decline in orders due to Sino-US trade friction.