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SERES Reports Mixed Financial Results Amid Rising Costs
In this episode, we analyze the 2026 first-half earnings forecast for Seres Group Co., Ltd., which reports a net loss between RMB 1.5 billion and RMB 1.8 billion. The financial results reflect broader challenges within the automotive industry, specifically the impact of surging raw material costs, including lithium carbonate and memory chips, alongside non-recurring asset impairment charges. Despite these short-term profitability pressures, Seres maintains a resilient financial position with a healthy balance sheet. A critical highlight is the strong performance of the AITO brand, which…
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