First Medicine expects attributable net profit to rise 64% to 99.65% year-on-year in the first half of 2026

Earnings
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First Medicine disclosed an earnings forecast, expecting attributable net profit for the first half of 2026 to be between 23 million yuan and 28 million yuan, a year-on-year increase of 64% to 99.65%. Deducted non-recurring net profit is expected to be between 1.05 million yuan and 1.55 million yuan, a year-on-year decline of 82.8% to 88.35%. The rise in attributable net profit is mainly due to a wholly-owned subsidiary receiving housing expropriation compensation, while the decline in deducted non-recurring net profit is affected by intensified competition in the pharmaceutical distribution industry and new stores still being in the performance growth phase.

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