Biren Technology Issues Profit Alert; Loss Narrowed 75-80% YoY
Biren Technology (06082) issued a profit alert, forecasting a significant narrowing of its net loss for the period. The company expects a loss attributable to shareholders of RMB 320 million to RMB 400 million, down 75% to 80% from RMB 1.601 billion in the same period of 2025. Revenue surged 18.52 to 21.07 times year on year from RMB 58.9 million, driving scale effects and margin improvement. Adjusted loss narrowed 35% to 47% to RMB 290 million to RMB 360 million. The company attributed the improvement to revenue growth, product mix optimization, cost control, and lower financial costs.
Revenue for the same period in 2025 was approximately RMB 58.9 million.
The company's loss and loss attributable to shareholders for the period are expected to be approximately RMB 320 million to RMB 400 million, narrowing significantly by about 75% to 80% year on year. Adjusted loss for the period is approximately RMB 290 million to RMB 360 million, narrowing by 35% to 47% year on year. Loss attributable to shareholders for the same period in 2025 was RMB 1.601 billion.
The company stated that the significant narrowing of the loss was mainly due to the gradual emergence of scale effects driven by high revenue growth, with effective operational leverage; continuous optimization of product mix, leading to an improvement in gross margin year on year; and while increasing R&D investment, the group continued to optimize cost structure and operational efficiency, with expense growth significantly lower than revenue growth; financial costs also decreased significantly.