Ganso expects its net profit attributable to owners of the parent for the first half of 2026 to be between negative 71.4 million yuan and negative 59.5 million yuan, swinging to a loss compared with the same period last year. The company said that due to slowing consumer market demand and intensifying industry competition, revenue fell year on year, while rigid costs such as salary adjustments at existing stores, staffing for new stores, and increased promotional spending to attract customers rose, leading to a short-term profit loss. In addition, fair value changes in investment funds during the reporting period reduced gains by approximately 25.25 million yuan compared with the same period. Judging from the earnings forecast, Ganso may deliver its worst interim report since listing; the company had reported a net profit in every half-year period since 2017.
Ganso Co LtdSlowing consumer market demand and intensifying competition led to revenue decline and profit loss.