---
title: "[Corporate Profit Warning] Drinda expects a mid-term loss of up to 270 million RMB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292690252.md"
description: "Drinda announced a mid-term profit warning, expecting a mid-term loss of RMB 180 million to 270 million for the period ending June 30. The group's performance is under pressure due to overcapacity in the photovoltaic industry, declining prices, and an unchanged supply-demand pattern. However, the loss excluding non-recurring items has narrowed year-on-year"
datetime: "2026-07-15T00:56:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292690252.md)
  - [en](https://longbridge.com/en/news/292690252.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292690252.md)
generator: "portal-rs"
---

# [Corporate Profit Warning] Drinda expects a mid-term loss of up to 270 million RMB

According to a report from Economic Information Agency on the 15th, Drinda (02865) (Shenzhen: 002865) announced that it expects a mid-term loss of RMB 180 million to 270 million for the period ending June 30, compared to a loss of RMB 260 million in the same period last year, with a loss per share of 60 to 90 cents. After excluding non-recurring losses, the expected loss is between RMB 280 million and 380 million, narrowing from RMB 460 million in the same period last year.

The group indicated that due to the previous high growth in global photovoltaic demand leading to an expansion of the industry chain scale, the Chinese photovoltaic industry is experiencing a phase of overcapacity. Since the second half of 2023, it has entered a capacity reduction cycle, and the overall prices in the photovoltaic industry chain are declining. In the first half of this year, the photovoltaic industry has been affected by multiple factors such as adjustments in electricity price policies, a decline in domestic installations, and overseas trade restrictions. The supply and demand pattern in various segments of the photovoltaic industry has not yet improved significantly, and there has been no notable increase in industry chain prices, thus impacting the group's operating performance. (wh)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**