Eastern Communications disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be 320 million yuan, a year-on-year increase of 142.58 percent. Deducted non-recurring net profit is expected to be 23 million yuan, up 786 percent. The company said the profit growth was mainly due to large investment gains from the disposal of trading financial assets, changes in fair value of trading financial assets held at period-end, and an increase in operating profit. Based on the closing price on July 14, Eastern Communications has a price-to-earnings ratio of about 27.8 times, a price-to-book ratio of about 3.98 times, and a price-to-sales ratio of about 5.9 times. The company's main businesses cover information and communications, financial technology, intelligent manufacturing, and asset management.
Eastern Communications Co Ltd ACompany expects net profit to rise 142.58% YoY due to investment gains and operating profit increase.
Eastern Communications Co Ltd BSame earnings forecast applies to B shares as the same company.