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Ningbo Huaxiang: Expected net profit for the first half of 2026 is 610 million to 690 million yuan, turning from loss to profit.

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Ningbo Huaxiang’s announcement states that the net profit attributable to shareholders of the listed company is expected to be 610 million yuan to 690 million yuan during January 1, 2026 to June 30, 2026, compared with a loss of 374 million yuan in the same period last year, representing an increase of 263.27% to 284.69%. The net profit after deducting non-recurring gains and losses is expected to be 490 million yuan to 580 million yuan, compared with a profit of 600 million yuan in the same period last year, with a year-on-year decline of -18.28% to -3.27%. Basic earnings per share are expected to be 0.75 yuan/share to 0.85 yuan/share, compared with a loss of 0.46 yuan/share in the same period last year. In the first half of 2025, the company disposed of related assets in Europe and North America, resulting in a one-time disposal loss of approximately 1.03 billion yuan (classified as non-recurring gains and losses), which significantly dragged down the profit compared with the same period last year; in the current reporting period, there were no such incidental gains and losses, and the net profit attributable to shareholders of the listed company achieved a turnaround from loss to profit.
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