INMY Show expects first-half loss of up to 70 million yuan, Hong Kong IPO prospectus just lapsed

Earnings
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INMY Show issued an announcement, expecting a half-year loss of 50 million to 70 million yuan for 2026, and a loss of 55 million to 75 million yuan after deducting non-recurring items, compared with a net profit attributable to the parent of 36.38 million yuan in the same period of 2025. The company attributed the swing from profit to loss to macroeconomic pressure and intensified industry competition, with proactive adjustments to its business strategy leading to a decline in overall gross margin, though operating revenue grew year on year, with significant growth in the second quarter. Earlier, INMY Show submitted its prospectus to the Hong Kong Stock Exchange on January 5, and its Hong Kong IPO prospectus lapsed on July 5. The company's performance has been declining in recent years, with revenue falling from 4.202 billion yuan in 2023 to 3.904 billion yuan in 2025, net profit dropping from 180 million yuan in 2022 to 30.8663 million yuan in 2025, and net profit after deducting non-recurring items turning negative in 2025. Entering 2026, the downward trend has not stopped, with net profit of 3.2239 million yuan, down 75.82 percent year on year, and net profit after deducting non-recurring items of 2.857 million yuan, down 77.95 percent year on year.

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