Toread has issued a performance forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will be between 46 million yuan and 56 million yuan, representing a year-on-year increase of 128.92% to 178.69%. The profit growth is mainly driven by the improving chip business, the inclusion of a newly acquired company in the consolidated financial statements which boosted profit contributions, and exchange gains from currency fluctuations. The company's net profit for the first quarter was 56 million yuan, while the second quarter is expected to post a net loss of between zero and 10 million yuan, swinging from profit to loss on a quarter-on-quarter basis.
Beijing Toread Outdoor ProductForecasts first-half 2026 net profit to rise 128.92%-178.69% year-on-year, driven by chip business improvement, acquisition consolidation, and exchange gains.