China Television Media disclosed its earnings forecast, expecting a net loss attributable to shareholders of 24 million to 30 million yuan in the first half of 2026, compared with a profit of 19.9811 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 10.5 million to 16.5 million yuan, compared with a loss of 6.971 million yuan a year earlier. The company said its film and television business remained stable and its advertising business continued to expand, but the tourism business showed a downward trend due to intensified market competition. During the reporting period, the fair value of the shares in Haikan Co., Ltd., indirectly held through a fund in which the company invested, fluctuated significantly, which had a major impact on net profit.
China Television Media LtdExpects net loss of 24-30 million yuan in H1 2026 vs profit of 19.98 million yuan last year, with fair value fluctuation of Haikan shares impacting net profit.
Mentioned as the investee whose share price fluctuation affects China Television Media's net profit; no direct news about Haikan itself.