KASEN (00496) issued a profit warning, expecting a mid-term net loss attributable to shareholders of approximately 3 million to 8 million Yuan, reflecting a shift from profit to loss compared to the same period last year.
Carson International (00496) announced that it expects the group will record a net loss attributable to the owners of the company of approximately RMB 3 million to RMB 8 million for the six months ending June 30, 2026, which represents a turnaround from a net profit of approximately RMB 22.6 million for the same period in 2025.
KASEN (00496) announced that it expects the Group will incur a consolidated net loss attributable to the Company's owners of approximately RMB 3 million to RMB 8 million for the six months ending June 30, 2026, a shift from a net profit of approximately RMB 22.6 million attributable to the Company's owners for the same period in 2025.
The announcement stated that the shift from profit to loss is mainly due to an increase in foreign exchange losses incurred by the Group as a result of fluctuations in the USD to RMB exchange rate for the six months ending June 30, 2026.
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