Baida Group disclosed an earnings forecast, expecting attributable net profit of 10 million yuan in the first half of 2026, down 82.72% year-on-year. Deducted non-recurring net profit is expected to be 27 million yuan, down 16.24% year-on-year. The company stated that the pre-reduction in earnings is mainly due to the impact of non-recurring gains and losses, with a fair value change gain of approximately negative 37.6 million yuan recognized in this reporting period, compared to negative 3.8297 million yuan in the same period last year. Baida Group is primarily engaged in commercial retail and leasing businesses.
Baida Group Co LtdEarnings forecast shows 82.72% drop in attributable net profit due to non-recurring losses.