B · Normal
[Linglong Tire: Net profit is expected to decrease by 94.09%-94.69% year-on-year in the first three quarters of 2026] On October 14, Linglong Tire (601966.SH) announced that the net profit attributable to shareholders of listed companies in the first three quarters of 2026 is expected to be 62 million yuan-69 million yuan, a year-on-year decrease of 94.09%-94.69%. The change in performance was mainly due to the impact of exchange losses caused by exchange rate fluctuations during the reporting period. The total profit decreased by approximately 1.059 billion yuan year-on-year. The increase in raw material prices increased production costs. The competition in overseas markets intensified, the increase in shipping costs decreased the gross profit margin, and the decline in domestic supporting sales volume. Xiaocai's note: The company's Q3 net profit is expected to be a loss of 32 million to a loss of 39 million, and the Q2 net profit is 85 million. Based on this calculation, the Q3 net profit is expected to turn from profit to loss on a quarter-on-quarter basis.
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