Nanjing Panda Electronics Company Limited (00553) released an earnings alert indicating a continued loss for the six months ended 30 June 2026, but with a markedly narrower deficit versus the prior-year period.

The company expects: • Net loss attributable to shareholders of RMB24.00–28.80 million, representing a 36%–48% reduction from the RMB45.58 million loss recorded in 1H25. • Net loss after extraordinary items of RMB34.00–38.80 million, down 36%–45% from the RMB61.52 million loss in the comparable period.

Last year’s interim metrics also included a total loss of RMB6.77 million, a consolidated net loss of RMB18.99 million and a loss per share of RMB0.0499.

Management attributes the improvement to higher project deliveries in the electronics manufacturing and communication segments. The electronics manufacturing business turned profitable, while communication narrowed its deficit. Cost-control initiatives launched in 2025—covering industrial structure adjustments and organizational optimisation—further cut operating expenses. Offsetting factors include limited project completions in the intelligent manufacturing segment, which remained in a transition phase, and lingering profitability pressures in communication.

The projections are based on unaudited internal estimates; audited figures will be released in the forthcoming 2026 interim report. Investors are advised to note that the final results may differ from these preliminary figures.