According to the Zhitong Finance App, Haina Intelligence (01645) announced that the Group expects to achieve a net loss of no more than RMB 17 million in the 6 months ending June 30, 2023. Compared with the 6 months ending June 30, 2022, it will achieve a net loss of about RMB 4.4 million.
According to the announcement, the anticipated loss is mainly due to (i) delivery of some orders will be delayed from 2022 to 2023 in order to meet the timely market needs of customers and require additional time to revise the equipment design, leading to a decrease in sales revenue for adult diaper machines and baby diaper machines; and (ii) the Group's gross margin for the six months ended June 30, 2023 has decreased compared to the same period last year, mainly due to the overall increase in labor costs and restrictions imposed by earlier customs policies. However, thanks to the stabilization of the epidemic in 2023 and the widening of the epidemic limit, the number of overseas orders for the Group increased in the first half of 2023. In the six months ending June 30, 2023, the total order amount increased sharply by about RMB 140 million over the same period last year. In view of the sharp rise in domestic market demand in the first half of 2023, the board of directors remains cautiously optimistic about the Group's business prospects.