C.BANNER (01028) announces a positive profit forecast, expecting a mid-term net profit attributable to shareholders of approximately 7 million yuan, reversing losses compared to the same period last year.
Qianbaidu (01028) announced that it expects the Group to record a profit attributable to equity holders of approximately RMB 7 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 142 million attributable to equity holders for the six months ending June 30, 2025. The expected turnaround from loss to profit during the review period is mainly attributed to (i) the impairment provision made for trade debts owed by Meiluhua Enterprise (Nanjing) Co., Ltd. not being repeated during the review period; and (ii) the Group's efforts to strengthen and optimize the internal organizational structure of its footwear business, as well as significant adjustments made to underperforming or loss-making stores, which collectively enhanced the operational performance during the review period.
C.BANNER (01028) announced that it expects the group to record a net profit attributable to equity holders of approximately RMB 7 million for the six months ending June 30, 2026, while the group recorded a net loss attributable to equity holders of approximately RMB 142 million for the six months ending June 30, 2025. The anticipated turnaround to profitability during the review period is primarily attributed to (i) the absence of impairment provisions for trade debts owed by Meilihua Enterprise (Nanjing) Co., Ltd. that occurred during the previous period; and (ii) the groups enhanced optimization of its internal organizational structure in the footwear business and significant adjustments to underperforming or loss-making stores, which collectively improved the operational performance during the review period.
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