Shanghai Yimin Commerce Group Co LtdExpects net loss of 124-149 million yuan in H1 2026 due to decline in fair value of an investment fund, compared to profit of 24.3 million yuan last year.

Yimin Group disclosed its earnings forecast, expecting a net loss attributable to the parent company of 124 million to 149 million yuan in the first half of 2026, compared with a profit of 24.3092 million yuan in the same period last year. The company's non-recurring net profit is expected to be between 24.6 million and 29.5 million yuan. The main reason for the loss is a decline in the fair value and overall valuation of the Shanghai Detong Yimin Consumer Industry Equity Investment Fund Center in which the company has invested, leading to a reduction in the company's share of the fund. This is expected to reduce non-recurring gains and losses in the first half of 2026 by 156.6 million to 181.1 million yuan. Yimin Group is a comprehensive commercial enterprise covering wholesale and retail trade, commercial property leasing, catering, tourism, and other business formats.
Shanghai Yimin Commerce Group Co LtdExpects net loss of 124-149 million yuan in H1 2026 due to decline in fair value of an investment fund, compared to profit of 24.3 million yuan last year.