Weilong Grape Wine expects its first-half 2026 net profit attributable to shareholders to be a loss of 10.77 million to 15.55 million yuan, and a loss of 10.91 million to 15.7 million yuan after deducting non-recurring items. The company said the wine industry market remains sluggish, leading to a roughly 12 percent year-on-year decline in operating revenue, which in turn caused an operating loss. In the first quarter of 2026, Weilong Grape Wine achieved revenue of 74.96 million yuan, with net profit attributable to shareholders of negative 7.5 million yuan.
Wei Long Grape Wine Co LtdCompany expects first-half 2026 loss due to sluggish wine industry market and 12% revenue decline.