Buyang International (02457.HK) issues a profit warning, expecting a loss of approximately 500,000 to 4.5 million yuan in the first half of the year, turning from profit to loss year-on-year.

Zhitong Finance APP reported that Bu Yang International (02457.HK) announced that the group expects to incur a loss of approximately 500,000 to 4.5 million yuan in the first half of 2026, compared to a net profit of about 5.9 million yuan in the same period of 2025. The decline in performance is primarily due to (i) the sustained high market prices of the main raw material, aluminum ingots, leading to increased production costs and reduced profits; and (ii) intensified fluctuations in the foreign exchange market, resulting in substantial exchange losses for the company due to changes in exchange rates.