Wuxi Commercial Mansion Grand Orient Co LtdCompany expects net profit to fall 49-66% due to weak consumer markets and intensified competition in department store retail, and price declines after centralized procurement in medical pediatrics.

Dongfang Group disclosed a profit forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 20 million yuan and 30 million yuan, a year-on-year decline of 49.18% to 66.12%. Net profit after deducting non-recurring items is expected to be between 18.897 million yuan and 28.897 million yuan, a year-on-year decline of 31.43% to 55.16%. The company stated that the decline in performance was mainly due to the department store retail business being affected by weak consumer markets and intensified industry competition, with revenue and gross profit falling year-on-year; the medical pediatrics business being affected by price declines after centralized procurement of major drugs, with profit decreasing year-on-year; and investment income from associated enterprises falling year-on-year.
Wuxi Commercial Mansion Grand Orient Co LtdCompany expects net profit to fall 49-66% due to weak consumer markets and intensified competition in department store retail, and price declines after centralized procurement in medical pediatrics.