Huamao Shares disclosed its earnings forecast, expecting a net loss attributable to the parent company of 10 million to 20 million yuan in the first half of 2026, compared with a profit of 96.5048 million yuan in the same period last year. Deducted non-recurring net profit is expected to be 50 million to 70 million yuan, a year-on-year increase of 89.74% to 165.64%. Basic earnings per share are between negative 0.011 yuan and negative 0.022 yuan. The company stated that the profitability of its main textile business has significantly improved year-on-year, but due to changes in fair value of held-for-trading financial assets and investment income, the net profit attributable to the parent company has declined substantially.
Anhui Huamao Textile Co LtdExpects net loss of 10-20 million yuan in H1 2026 vs profit of 96.5 million yuan last year, due to changes in fair value of financial assets and investment income.