Vastdata disclosed its earnings forecast, expecting to achieve operating revenue of 192 million yuan in the first half of 2026, with a net loss attributable to the parent of 94.8 million yuan, compared to a loss of 44.7074 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 97.2 million yuan, compared to a loss of 48.7041 million yuan in the same period last year. The company stated that the main reason for the loss is that the revenue scale of its core cornerstone business, "self-developed database products and services," is still small, and current income cannot cover the investment costs. In the future, the company will improve the quality of its self-developed database products and enhance its marketing and service network to improve operating results.
Beijing Vastdata Technology Co LtdExpects net loss attributable to parent of 94.8 million yuan in H1 2026, more than double the loss from the same period last year, due to small revenue scale not covering investment costs.