Fangda Group issued an earnings forecast, expecting net profit attributable to shareholders of the listed company for the first half of 2026 to be between 48 million yuan and 56 million yuan, representing a year-on-year increase of 177.62% to 223.89%. The profit growth was mainly driven by operational improvements and strengthened management of receivables, with receivables declining from the beginning of the year during the reporting period, which relatively reduced the provision for impairment losses. The company's first-quarter net profit was 28.2 million yuan, implying a second-quarter net profit of between 19.8 million yuan and 27.8 million yuan, a quarter-on-quarter decline of 1% to 29%.
China Fangda Group Co LtdCompany forecasts 177.62%-223.89% net profit increase for H1 2026, driven by operational improvements and reduced impairment provisions.