Biran Technology: Expected adjusted losses of approximately 290 million to 360 million yuan in the first half of 2026.
Biren Technology announced on the Hong Kong Stock Exchange that based on the preliminary estimates of the Group's unaudited consolidated management accounts for the six months ending June 30, 2026, and the assessment of the latest available information, the Group expects to record during the reporting period: revenue of approximately RMB 1.15 billion to RMB 1.30 billion; compared to approximately RMB 58.9 million for the six months ending June 30, 2025, corresponding to a growth rate of approximately 1852%2107%; a loss for the period and the loss attributable to owners of the company of approximately RMB 320 million to RMB 400 million; compared to a loss for the period and the loss attributable to owners of the company of approximately RMB 1.6005 billion for the six months ending June 30, 2025, representing a significant narrowing of approximately 75%80%; an adjusted loss for the period of approximately RMB 290 million to RMB 360 million; compared to approximately RMB 551.6 million for the six months ending June 30, 2025, representing a year-on-year narrowing of approximately 35%47%.
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