Shenda Shares ((600626): Loss In Advance In The First Half Of The Year Is 132 Million-197 Million Yuan

Shenda (600626) announced on the evening of July 14 that the company expected to realize net profit of - 132 million yuan to - 197 million yuan belonging to the owners of the parent company in the half year of 2022, and the profit of 224 million yuan in the same period of last year.

Affected by the new crown pneumonia epidemic, chip shortage, Russia Ukraine war, global economic fluctuations and other factors, on the one hand, some domestic factories cooperated with the shutdown and production according to the local epidemic prevention and control requirements, while some overseas vehicle customers had unplanned temporary shutdown, resulting in the company's revenue decreased in the first half year compared with the same period last year; On the other hand, the prices of raw materials, energy costs, labor costs, etc. generally rose, which led to the company's gross profit rate falling and operating losses.