Suning Universal Expects First-Half 2026 Net Profit to Fall 71.6% to 81.06% Year-on-Year

Earnings
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Suning Universal disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 26 million yuan and 39 million yuan, a year-on-year decline of 71.6% to 81.06%. Deducted non-recurring net profit is also between 26 million yuan and 39 million yuan, down 71.52% to 81.02% year-on-year. Basic earnings per share are between 0.0086 yuan and 0.0129 yuan. The company said the decline in performance was mainly due to a decrease in the settlement scale of real estate development projects in the first half of the year compared with the same period last year.

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Suning Universal Co Ltd
000718
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Company expects net profit to drop 71.6%-81.06% YoY due to lower settlement scale of real estate projects.