Chengdu Fusen Noble-House Industrial Co LtdNet profit forecast up 105-177% due to non-recurring gains, but core profit down 27-46% on industry pressure and accounting change.

Fusenmei disclosed an earnings forecast, expecting net profit attributable to shareholders of the listed company for the first half of 2026 to be between 652 million yuan and 882 million yuan, representing a year-on-year increase of 104.91% to 177.23%. The company stated that the significant rise in performance was mainly due to an increase in fair value change gains and investment income from held-for-trading financial assets, with the impact of this non-recurring gain or loss on net profit estimated at between 489 million yuan and 661 million yuan. Net profit after deducting non-recurring gains and losses is expected to be between 175 million yuan and 237 million yuan, a year-on-year decline of 27.43% to 46.36%, due to reasons including a change in the accounting method for an associate and a decline in main business profit under industry pressure. Basic earnings per share are expected to be between 0.87 yuan and 1.18 yuan.
Chengdu Fusen Noble-House Industrial Co LtdNet profit forecast up 105-177% due to non-recurring gains, but core profit down 27-46% on industry pressure and accounting change.