Hongmian Shares expects first-half 2026 net profit attributable to parent to rise 120.83%–134.26% year-on-year

Earnings
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Hongmian Shares disclosed an earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 74 million yuan and 78.5 million yuan, a year-on-year increase of 120.83% to 134.26%. Deducted non-recurring profit is expected to be between 43 million yuan and 49.5 million yuan, a year-on-year decline of 1.4% to 14.35%. The company stated that the significant increase in net profit was mainly due to the recovery of related trade losses and a reduction in litigation losses, with non-recurring gains and losses estimated at approximately 29 million yuan to 31 million yuan. The decline in deducted non-recurring profit was affected by fluctuations in raw material prices and the consumer market, putting pressure on the profitability of the food and beverage segment, while the company also increased investment in nationwide market expansion and brand promotion. In the park operations segment, the holding subsidiary Guangzhou Xinshicheng Enterprise Development Company expanded by adding one park, Kehui City, with steady business development.

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park operations segment expanded by adding one park, Kehui City, with steady business development