DZH issued an announcement forecasting a loss of 23 million to 33 million yuan for the first half of 2026, with a recurring net loss attributable to the parent company of 25 million to 35 million yuan. The company said the loss is mainly because current revenue is not yet sufficient to cover all costs, but revenue from some business segments grew year-on-year, and the recurring net loss narrowed compared with the same period last year. In the first quarter of 2026, the company achieved revenue of 181 million yuan, up 9.88 percent year-on-year, while the net loss attributable to the parent company was 29.59 million yuan, a sharp decline of 1,344.05 percent year-on-year. It is worth noting that DZH has posted recurring net losses for four consecutive years. From 2022 to 2025, recurring net profits were negative 91.8777 million yuan, negative 232 million yuan, negative 200 million yuan, and negative 77.7965 million yuan respectively. Including the first half of 2026, the cumulative loss over four and a half years is at least 626 million yuan.
Shanghai DZH LtdForecasts first-half net loss of up to 33 million yuan, with recurring net losses for four and a half years.