Creality 3D Technology (03388.HK): Expected Loss of RMB53 Million–RMB63 Million for First Half

NewTimeSpace News: On 6 August 2026, Creality 3D Technology (03388.HK) issued a profit warning. Based on preliminary assessment of the unaudited consolidated management accounts, the Group forecasts a loss attributable to owners of the Company ranging from RMB53 million to RMB63 million for the first half of 2026, compared with a profit of approximately RMB107 million in the corresponding period last year.

According to the announcement, the swing from profit to loss is primarily caused by lower gross profit margins amid intensified marketing efforts and price concessions to expand overseas market coverage; higher expenses for online direct sales and offline brand marketing campaigns; increased R&D expenditure driven by greater research investment and team expansion; as well as foreign exchange losses resulting from the appreciation of RMB against the US Dollar.

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