Gansu Guofang Gongmao(Grp)Guofang Group expects net profit to rise 200-231% YoY, driven by store upgrades and investment gains.

Guofang Group disclosed an earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 68 million yuan and 75 million yuan, a year-on-year increase of 200.25% to 231.16%. Deducted non-recurring net profit is expected to be between 29.42 million yuan and 36.42 million yuan, a year-on-year increase of 0 to 23.8%. The earnings growth is mainly due to increased customer traffic and sales after the completion of upgrades and renovations at key stores, as well as a year-on-year increase of 32.6599 million yuan in investment income from the disposal of shares in Jilin Oled Material Tech, and a year-on-year increase of 17.7608 million yuan in fair value change gains on the Oled shares held at period end.
Gansu Guofang Gongmao(Grp)Guofang Group expects net profit to rise 200-231% YoY, driven by store upgrades and investment gains.