ST Longyun disclosed its earnings forecast, expecting a net profit attributable to the parent company of 3.7 million to 5.5 million yuan for the first half of 2026, compared with a loss of 3.7298 million yuan in the same period last year, achieving a turnaround to profit year-on-year. Deducted non-recurring net profit is expected to be 4.5 million to 6.6 million yuan, compared with a loss of 6.2896 million yuan in the same period last year. The company stated that the improvement in performance was mainly due to optimizing the customer structure, reducing low-value orders to increase gross margin, as well as earlier personnel optimization and cost reduction measures that led to a year-on-year decline in period expenses.
Shanghai Longyun Advg & MediaCompany expects to swing to profit in first half of 2026, with net profit of 3.7-5.5 million yuan, compared to a loss last year.