C WAN TONG YUAN (06966) announces annual performance with a net loss attributable to shareholders of 11.783 million yuan, a turnaround from a profit to a loss year on year.

C WAN TONG YUAN (06966) announced its annual performance as of December 31, 2025. The group achieved a profit of about 25.987 million yuan, a decrease of 41.0% year-on-year. The company's net loss attributable to owners amounted to 11.783 million yuan, compared to a profit of 9.848 million yuan in the same period last year. Basic loss per share was 1.2 cents. The announcement stated that the group's 41.0% decrease in profit was mainly due to the additional reassessment of value-added tax on past funeral service income, as well as a decrease in revenue of 18 million yuan due to a decrease in the selling price of burial plots. Furthermore, the termination of funeral services at the Langfang Funeral Parlor and adjustments to the service area led to a decline in demand for funeral services.