Zhejiang University NetNew expects net loss attributable to parent of around 60 million yuan in first half of 2026

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Zhejiang University NetNew issued a performance forecast for the first half of 2026, expecting a net loss attributable to the parent of around 60 million yuan, compared with a loss of 15.0694 million yuan in the same period last year. The company said its main business is relatively stable, and net profit after deducting non-recurring gains and losses improved slightly year-on-year, but due to stock market fluctuations, fair value changes in financial assets from direct and indirect investments resulted in a large loss.

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Expects net loss of ~60M yuan in H1 2026, widened from 15M loss a year ago, due to stock market fluctuations affecting financial assets.

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