StarNet Yuda: Stock price anomaly, first half-year profit from non-recurring income.

date
12/07/2026
Star Network announced that the company's stock hit the daily limit up for two consecutive trading days on July 9th and 10th, 2026, indicating abnormal fluctuations. The company expects a net profit attributable to the parent company of 90-120 million yuan in the first half of 2026, mainly due to about 140 million yuan of non-recurring investment income. This period's revenue decreased year-on-year, and even after excluding non-recurring items, the company still suffered losses. The company's main business income has been continuously declining over the past three years, with negative adjusted net profits in both 2024 and 2025. In addition, the company's satellite communication and other businesses are not closely related to hot concepts, with a low proportion of revenue, and there are uncertainties in expanding these areas.