Feilong Shares disclosed an earnings forecast on October 7, expecting attributable net profit for the first three quarters of 2026 to be between 95 million yuan and 117 million yuan, a year-on-year decline of 59.2% to 66.87%, with basic earnings per share of 0.17 yuan to 0.2 yuan. The company said that during the reporting period, net profit fell year-on-year due to the combined impact of multiple phased factors, including intensifying competition in the automotive industry, rising raw material prices, exchange rate fluctuations, and new businesses still being in a cultivation period.
Feilong Auto Components Co LtdFeilong expects first-three-quarter net profit to fall 59.2%-66.87% year-on-year, driven by intensifying auto-industry competition, rising raw material prices, FX swings, and new businesses still in cultivation.
