Hainan Ruize: Estimated net loss of 49.5 million yuan to 67.5 million yuan in the first half of the year

On July 15, Hainan Ruize issued a semi-annual performance forecast for 2026. During the reporting period, it is estimated that the net profit attributable to shareholders of listed companies will be a loss of 67.5 million yuan to 49.5 million yuan, compared with a loss of 68.0317 million yuan in the same period last year; It is estimated that the net profit after deduction of non-recurring profit and loss will be a loss of 69 million to 51 million yuan, compared with a loss of 78.6933 million yuan in the same period last year. The main reasons for the changes in

the results were as follows: 1. During the reporting period, the competition in the commercial concrete market intensified and the sales price of commercial concrete decreased. Meanwhile, the decrease in the comprehensive cost of major raw materials was lower than decrease in the sales price, resulting in the decrease in the operating income and comprehensive gross profit margin of the commercial concrete business of the Company. 2. During the reporting period, the market competition in the region where the municipal environmental sanitation business of the Company is located became increasingly fierce, and the operating income of the municipal environmental sanitation business decreased. 3. During the reporting period, the Company increased the collection of accounts receivable with long account age, and the provision for impairment loss in the current period decreased as compared with the same period of last year. 4. During the reporting period, the performance of the shareholding company increased, and the investment income of the company increased.