RUICHANG INTERNATIONAL (01334.HK): Expected First-Half Loss Narrows to Approximately RMB 24.75 Million

NewTimeSpace News:On August 14, 2026, RUICHANG INTERNATIONAL (01334.HK) issued a profit forecast stating that, based on a preliminary assessment of unaudited consolidated management accounts, it expects to record a net loss of approximately RMB 24.75 million for the period, narrowing by approximately 35% from a loss of approximately RMB 38.06 million in the same period last year.

The announcement indicated that the narrowing of the loss was primarily attributable to increased revenue driven by business expansion and strong order backlog. However, a loss was still recorded during the period, mainly because certain newly secured contracts were still in their performance cycles, with the majority of revenue not yet recognized; industry revenue is primarily recognized in the second half of the year; and additional costs were incurred from expanding overseas markets and developing new business lines (including phosphorus recovery operations).

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