Construction Machinery disclosed its earnings forecast, expecting a net loss attributable to the parent company of 500 million yuan in the first half of 2026, compared with a loss of 447 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 510 million yuan, compared with a loss of 452 million yuan a year earlier. The company's main business includes two segments: construction machinery leasing and construction machinery manufacturing. The change in performance is due to the lack of significant improvement in the demand side of the domestic tower crane leasing market, a year-on-year decrease in the newly started area of engineering construction projects, and equipment utilization rates and equipment leasing prices remaining at low levels.
Shaanxi Construction Machinery Co LtdCompany forecasts a larger net loss due to weak demand in the domestic tower crane leasing market, with lower equipment utilization and leasing prices.