Yijiahe Technology (603666.SH) announced that according to preliminary calculations by the finance department, it is expected to achieve a net income attributed to the owners of the parent company of approximately -80 million in the first half of 2024, resulting in a loss. It is expected to achieve a net income attributable to the owners of the parent company of approximately -88 million after deducting non-recurring gains and losses in the first half of 2024.
Due to the market environment, order delivery cycles, and other factors, the company's revenue for this period has decreased compared to the same period last year, thus leading to a reduction in gross profit. The company continues to promote its 'robot + industry' global strategy while maintaining investment in areas such as power grids, commercial cleaning, new energy charging, and rail transportation. While the company is promoting various management optimization work, the overall expenses in this period have decreased. However, the expense ratio still remains at a relatively high level. In addition, the company's stake in Tuodao Medical Technology Co., Ltd. was operating at a loss in the first half of 2024, which had a significant impact on the company's profit. Taking into account all of these factors, the net profit attributed to the owners of the parent company for this period is negative.