Shanghai Film disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 15 million yuan and 19.5 million yuan, a year-on-year decline of 63.73% to 72.1%. Deducted non-recurring net profit is expected to show a loss of 2 million yuan to 2.6 million yuan, compared with a profit of 34.4063 million yuan in the same period last year. The company stated that IP commercialization development, as the core growth driver of its strategic transformation, achieved year-on-year growth in revenue and profit during the reporting period, but the cinema chain business related to film exhibition is under short-term pressure due to the overall industry downturn cycle.
Shanghai Film Co LtdCompany forecasts 63.73%-72.1% drop in H1 2026 net profit, with core cinema business under pressure.