SDITC (01697) issued a profit warning, expecting a net loss of approximately 119 million yuan for the interim period, a year-on-year shift from profit to loss.

date
22:54 20/08/2026
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GMT Eight
Shandong Guoxin (01697) announced that it expects the Group to incur a net loss of approximately RMB 119 million for the six months ending June 30, 2026, compared to a net profit of RMB 167 million for the six months ending June 30, 2025. The Board expects a reversal from profit to loss during the reporting period compared to the same period in 2025, mainly due to fair value changes resulting in losses from financial assets measured at fair value with changes recognized in profit or loss for the period (primarily certain securities investments) held by the company during the reporting period. These losses are unrealized and are non-cash items, which will not affect the cash flow of the company's operating activities.
SDITC (01697) announced that the Group expects to report a net loss of approximately RMB 119 million for the six months ending June 30, 2026, compared to a net profit of RMB 167 million for the six months ending June 30, 2025. Compared to the same period in 2025, the Board anticipates a shift from profit to loss during the reporting period, primarily due to losses in fair value changes of financial assets held by the company (mainly certain securities investments) that are measured at fair value and whose changes are recognized in profit or loss for the period, which are considered unrealized losses. This is a non-cash item and will not impact the cash flow from the company's operating activities.