West Shanghai disclosed its earnings forecast, expecting a net profit attributable to the parent company of 28.9 million to 35 million yuan for the first half of 2026, compared with a loss of 7.0937 million yuan in the same period last year, achieving a year-on-year turnaround. Deducted non-recurring net profit is expected to be 26.7 million to 32.3 million yuan, compared with a loss of 3.6573 million yuan a year earlier. The company said the improvement was mainly due to resource integration, disposal of loss-making and inefficient projects, and adjustment and optimization of business structure. Meanwhile, the loss provision caused by fair value fluctuations of investment funds in the same period last year will not recur, and the amortization of share-based payment expenses for the employee stock ownership plan decreased year-on-year.
West Shanghai Automotive Service Co.Ltd.Expects swing to profit in first-half 2026 due to resource integration and cost improvements.