INKEVERSE (03700) issues a profit warning, expecting that net profit for the first half of the year will decline by more than 30.0% year-on-year.

date
20:48 07/08/2026
avatar
GMT Eight
Yingyu Universe (03700) announced that the group expects its net profit in the first half of 2026 to decline by over 30.0% year-on-year, compared to a net profit of approximately 274 million yuan in the same period of 2025.
INKEVERSE (03700) announced that the group expects a net profit decline of over 30.0% year-on-year in the first half of 2026, compared to a net profit of approximately 274 million yuan in the same period of 2025. The announcement stated that the decline in net profit during the reporting period is mainly attributed to the following factors: a decrease in revenue from the group's social networking business due to changes in the market environment and consumer preferences; and a significant increase in the impairment of cryptocurrencies held by the group due to the drop in prices of Bitcoin and Ethereum during the reporting period. The impact of the above factors is expected to be partially offset by an increase in the fair value of financial instruments classified as fair value through profit or loss during the reporting period.