FAR INTL (02516) expects that the mid-term profit attributable to shareholders will not exceed 15 million yuan, and the loss will not exceed 5 million yuan.

FAR INTL (02516) announced that the group expects to record revenue of approximately RMB 1.3 billion to RMB 1.7 billion for the six months ending June 30, 2026 (the current period), an increase of about 61% to 110% compared to approximately RMB 800 million for the same period in 2025. This is mainly due to the acquisition of a U.S. subsidiary and an increase in business volume from the group's major customers, which has driven up revenue from freight forwarding services. It is also anticipated that the performance attributable to the owners of the company during this period will range from a profit not exceeding RMB 15 million to a loss not exceeding RMB 5 million, whereas for the same period in 2025, the loss attributable to the owners of the company was approximately RMB 14 million. The improvement from a loss to a profit (or a reduction in loss) is mainly attributed to the increase in revenue, as well as a decrease in losses related to trade and other receivables, and goodwill impairment losses. However, this positive impact is partially offset by the increased proportion of revenue produced by freight forwarding services, which typically have a lower gross profit margin, leading to a decrease in overall gross profit margins.