Fujia Half-Year Net Profit Falls 59.7%
The appliance manufacturer reported pressure from costs and currency movements.
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Ningbo Fujia reported lower sales and a substantially larger fall in profit for the first half of 2026, according to Zhitong Finance's coverage on August 27. Revenue was approximately CNY 1.394 billion, down 5.80% from the corresponding period a year earlier.
Net profit attributable to shareholders fell 59.71% to about CNY 30.39 million. Profit excluding non-recurring items declined 95.68% to approximately CNY 2.95 million. The adjusted figure was therefore much lower than total attributable profit, showing the importance of distinguishing the two measures when describing the manufacturer's earnings.
The company cited higher raw-material costs and increased foreign-exchange losses among the pressures on performance. Those factors affect manufacturing earnings through different channels: production inputs influence costs, while exchange movements can change the reported value of foreign-currency balances and transactions. The report did not allocate the entire decline to a single customer or product.
The figures cover the listed manufacturer's consolidated operations during January through June. They provide a view of supplier-level performance rather than the retail sales of any one customer brand. A modest revenue decline alongside a much steeper earnings fall describes the outcome for the period, without establishing an equivalent contraction in the overall cleaning-appliance market.