FULLSHARE Issues Profit Warning, Expects Net Loss Up to RMB 20 Million for Interim Period

Stock News
Aug 24

FULLSHARE (00607) has released a statement indicating that despite its major listed subsidiary contributing an unaudited net profit during the reporting period—showing no significant difference compared to the six months ended June 30, 2025—the group may record a net loss of no more than RMB 20 million for the six months ending June 30, 2026. This contrasts with a net profit of approximately RMB 179 million achieved in the same period of 2025.

The group's unaudited net loss for the reporting period is primarily attributed to the following factors: (i) a one-time gain of about RMB 105 million from the disposal of a subsidiary recognized in the corresponding period of 2025, which was non-recurring; (ii) a net impairment loss of approximately RMB 205 million recognized on financial assets and financial guarantee contracts, compared to RMB 145 million in the same period of 2025; and (iii) a fair value loss of around RMB 51 million on the group's investment properties located in China, which had no corresponding loss in the prior-year period.

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