IMPRESSION DHP (02695) issued a profit warning, expecting a mid-term net profit attributable to the parent company of approximately 2.5 million yuan, a year-on-year decline of about 75.1%.
Yinxiang Dahongpao (02695) announced that it is expected that the Group will achieve total revenue of approximately RMB 47.1 million for the six months ending June 30, 2026, which represents a decrease of approximately 15.9% compared to the total revenue for the six months ending June 30, 2025; and a net profit attributable to shareholders of approximately RMB 2.5 million for the reporting period, representing a decrease of approximately 75.1% compared to the net profit for the six months ending June 30, 2025.
IMPRESSION DHP (02695) announced that it expects the Group to achieve total revenue of approximately RMB 47.1 million for the six months ending June 30, 2026, representing a decrease of about 15.9% compared to the six months ending June 30, 2025; and a net profit attributable to shareholders of approximately RMB 2.5 million for the reporting period, representing a decrease of about 75.1% compared to the six months ending June 30, 2025.
The Board of Directors expects the aforementioned decline to be primarily due to the following reasons: the number of visitors and audience attendance during the reporting period significantly decreased compared to the same period in 2025, mainly due to: unexpectedly extreme weather conditions in the first half of 2026; and a reduction in large group visits organized by unions and schools, as most performances were newly launched in 2025 and benefited from one-time promotional support, which was not extended during the reporting period. In addition, the Group's cost of sales increased during the reporting period compared to the same period in 2025, mainly because the Company's subsidiary, Fujian Yueying Wuyi Cultural Tourism Co., Ltd., operated for six months during the reporting period, while it only operated for two months during the six months ending June 30, 2025. This difference in operating time led to increased depreciation and amortization, as well as additional water and electricity expenses and employee salaries. Furthermore, the termination in December 2025 of the cooperation agreement between Wuyi Mountain IMPRESSION DHP Cultural Tourism Co., Ltd. and Fujian Chuntian Catering Management Co., Ltd. for the Impression Jianzhou project, as well as the operation agreement for the Impression Market between Wuyi Mountain IMPRESSION DHP Cultural Tourism Co., Ltd. and Sanming Pengcheng Urban Operation Management Co., Ltd., resulted in a loss of guaranteed income during the reporting period.
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