Financial Street issued a performance forecast, estimating a net loss attributable to shareholders of the listed company of 80 million to 160 million yuan for the first half of 2026, compared with a loss of 1.008 billion yuan in the same period last year, achieving a reduction in losses. Net loss after deducting non-recurring items is expected to be 130 million to 210 million yuan, compared with a loss of 881 million yuan a year earlier. Basic earnings per share are projected at negative 0.03 to negative 0.05 yuan. The company stated that the loss reduction was mainly due to improved profitability of property development projects, but the provision for inventory impairment during the reporting period had an impact of approximately negative 160 million yuan on attributable net profit, while in the same period last year, changes in the fair value of financial assets had an impact of approximately negative 130 million yuan, with no such items in the current period.
Financial Street Holdings Co LtdNet loss narrowed significantly from 1.008 billion yuan to 80-160 million yuan, indicating improved profitability.