Qujiang Cultural Tourism disclosed its earnings forecast, expecting to achieve a net profit attributable to the parent company of 6.6 million yuan in the first half of 2026, compared with a loss of 13.8807 million yuan in the same period last year, turning around from a loss year-on-year. However, the net profit after deducting non-recurring items is still a loss of 60 million yuan, narrowing from the loss of 70.7402 million yuan in the same period last year. The company stated that the improvement in performance was mainly due to continuous strengthening of cost control, which reduced various costs and expenses year-on-year, as well as receiving large repayments during the reporting period, which reversed the provision for impairment of receivables in accordance with accounting standards.
XiAn Qujiang Cultural Tourism Co LtdExpects net profit turnaround to 6.6M yuan from loss, driven by cost control and impairment reversal.