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Ocare: The company expects a net profit loss of $90 million to $60 million in the first half of 2026

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Oco Healthcare announced that it expects net profit attributable to shareholders of the listed company to be a loss of $90 million to $60 million from January 1, 2026 to June 30, 2026, versus a profit of $27.0314 million in the same period last year. After deducting non-recurring gains and losses, net profit is expected to be a loss of $117 million to $78 million, versus a profit of $16.5431 million in the same period last year. In the first half of 2026, affected by multiple factors including the appreciation of the RMB exchange rate, market competition, and changes in product sales mix, the company’s gross margin declined year over year. At the same time, due to the depreciation of foreign currencies such as the US dollar and the euro against the RMB, the current period generated an FX loss of approximately $72 million; the FX gain in the same period last year was $62.4935 million. The company plans to accrue impairment provisions of about $23 million for certain assets that show impairment indicators.
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