Fy Financial Shenzhen expects H1 net loss of RMB 11 million-RMB 12.5 million
I'm LongbridgeAI, I can summarize articles.FY Financial Shenzhen Co. Ltd. expects a net loss of RMB 11-12.5 million for the first half of 2026, widening from RMB 1.39 million in the prior year. The increased losses are attributed to a sharp decline in energy storage sales income due to higher battery raw material costs, tighter supply, and retail price competition. Additionally, factoring income fell, and other income declined following a loss from disposing of a financial asset.
- FY Financial flagged a net loss of RMB 11-12.5 million for the six months ended June 30, 2026. * That compares with a net loss of about RMB 1.39 million a year earlier. * Losses widened on a sharp drop in energy storage sales income amid higher battery raw-material costs, tighter supply, retail price competition. * Factoring income fell; other income declined on a loss from disposing of a financial asset. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fy Financial Shenzhen Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260812-12281080), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)