Elegant Home Tech expects a net loss attributable to the parent of 40.5 million to 34.5 million yuan for the first half of 2026, with a net loss after deducting non-recurring items of 40.8 million to 34.8 million yuan, potentially marking its worst interim report since listing. The company attributed the expected loss mainly to a tightening international trade environment and tariff policies, which led to reduced business volume at domestic factories, higher per-unit labor and manufacturing costs, and increased exchange losses from currency fluctuations. In 2025, revenue fell 13.93 percent year-on-year to 1.127 billion yuan, while net profit attributable to the parent plunged 87.55 percent to 17.1777 million yuan. As of the close on July 13, Elegant Home Tech dropped 2.32 percent to 1.77 yuan per share, giving it a total market value of 2.878 billion yuan.
Zhangjiagang Elegant Home Tech Co LtdCompany warns of large loss due to tightening international trade environment and tariff policies reducing business volume.