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Lan Sheng Co., Ltd.: Net profit for the first half of 2026 is expected to be about 17 million yuan, down about 70% year over year.

2026-07-17 01:03:47

Lansheng Co., Ltd. announced that it expects net profit attributable to shareholders of the parent company for the first half of 2026 to be approximately RMB 17 million, compared with RMB 56.9324 million in the same period last year, representing a year-on-year decrease of about 70%; it also expects net profit after deducting non-recurring gains and losses to be approximately RMB 31 million, representing a year-on-year decrease of about 50%. The main reasons for the period’s performance pre-decline are intensifying competition in the exhibition industry, a decline in venue occupancy rates, weaker revenue contribution from certain exhibition projects, increased selling expenses for business expansion, and a year-on-year decrease in gains from fair value changes of financial assets.

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