SHUANGHUA H (01241) issues profit warning, expecting a mid-term post-tax net loss of approximately 15.2 million yuan.

SHUANGHUA H (01241) announced that the estimated revenue for the group for the six months ending June 30, 2026, is approximately RMB 31.2 million, compared to approximately RMB 12.8 million for the six months ending June 30, 2025; and the estimated net loss after tax for the group for the six months ending June 30, 2026, is approximately RMB 15.2 million, compared to approximately RMB 2.1 million for the six months ending June 30, 2025. The anticipated increase in revenue for the six months ending June 30, 2026, is primarily due to the group actively seizing development opportunities presented by the 14th Five-Year Plan, advancing the diversification of its products and services to meet the varied needs of the market; and the Chinese Lunar New Year sales season in 2026 occurring later than in previous years, which has elongated the holiday consumption period and created a certain positive effect on the supply of the groups products and services. The expected increase in net losses after tax for the six months ending June 30, 2026, is mainly due to the recoverable amounts from disposed idle assets being lower than their book values; and fluctuations in the international foreign exchange market and changes in the fair value of financial assets resulting in exchange losses and losses from fair value changes, respectively.