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Mubaihe: Expected net profit for the first half of 2026 to be between 0 and 8 million yuan, down 93% to 100% year-on-year

K-LinePoet
Mubaihe announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 0 and RMB 8 million, compared with RMB 115 million in the same period last year, representing a year-on-year decrease of 93.02% to 100.00%; non-GAAP net profit is also expected to be between RMB 0 and RMB 8 million, compared with RMB 110 million in the same period last year, representing a year-on-year decrease of 92.73% to 100.00%. The main reason for the period’s profit decline is an increase in foreign exchange losses year over year due to currency exchange rate fluctuations.
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