Shuijingfang issued an announcement, expecting a net loss attributable to shareholders of the listed company of 6.22 million yuan for the first half of 2026, swinging to a loss year-on-year. The change in performance is mainly due to the deep adjustment period in the baijiu industry, with the company proactively optimizing channel inventory structure, leading to a reduction in operating revenue of approximately 300 million yuan and a decrease in gross profit of about 250 million yuan, along with provisions for inventory and a reduction in government grants.
Sichuan Swellfun Co LtdCompany expects net loss of 6.22 million yuan for H1 2026, swinging from profit, due to revenue drop and inventory provisions.