On July 17, 2026, Solomon Systech released a profit warning, indicating that it anticipates an unaudited consolidated loss attributable to shareholders for the first half of 2026, estimated to be in the range of approximately US$3.8-4.1 million. This stands in stark contrast to the US$4 million profit recorded during the same period the previous year. The primary factors contributing to this loss include escalating production costs, augmented expenditures on research and development of new products, and elevated operating costs stemming from the appreciation of the RMB. The company expects to unveil detailed interim results before the conclusion of August. Meanwhile, investors are advised to exercise prudence when trading shares.
