Yantang Dairy has issued a profit forecast, expecting attributable net profit for the first half of 2026 to be between 12.2299 million yuan and 17.4713 million yuan, a year-on-year decline of 50% to 65%. Deducted non-recurring net profit is expected to be between 12.4373 million yuan and 17.7676 million yuan, also down 50% to 65% year-on-year, with basic earnings per share ranging from 0.08 yuan to 0.11 yuan. The company said the change in performance was mainly affected by increased market development and product promotion efforts squeezing profitability, as well as the inclusion of back taxes paid following a tax self-inspection in current profit or loss.
Guangdong Yantang Dairy Co LtdCompany forecasts 50-65% drop in first-half 2026 net profit due to market development costs and tax self-inspection.