Qizhan Holdings (01808.HK) issued a profit warning, expecting a net loss of approximately 125 million yuan in the first half of the year, reversing from profit to loss year-on-year.

Zhihui Finance APP news, Qizhan Holdings (01808.HK) announced that the group expects to incur a net loss of approximately 125 million yuan in the first half of 2026, compared to a net profit of about 45 million yuan in the same period of 2025. The anticipated net loss is primarily due to losses from an associate company (Hainan Yayi Gongying Technology Partnership) during this period and an increase in provisions for bad debts related to receivables.