Shuangdeng Group (HKG:6960) expects to report a loss of approximately 20 million yuan to 30 million yuan for the first half of 2026, compared with a profit of approximately 160 million yuan a year earlier.
The battery manufacturer attributed the expected loss mainly to the impact of historical tax matters and foreign exchange losses, according to a Thursday Hong Kong bourse filing.
Shares of the company fell over 3%in recent trade.
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