CCID Consulting (02176) has issued a profit warning, projecting a significant decline in its financial performance for the six months ending June 30, 2026.

The company anticipates that its revenue for the current period will decrease by approximately 35% to 45% compared to the same period in 2025. Additionally, net profit after tax is expected to range between approximately RMB 4.299 million and RMB 8.597 million, representing a sharp drop of about 80% to 90% from the RMB 42.985 million reported in the corresponding period last year.

This downturn is mainly attributed to intensified industry competition, shifting client demands, and tighter budget constraints, which have led to a decline in revenue from the company's decision-making consulting and advisory services. Furthermore, the reduction in operating costs has not kept pace with the decline in revenue, resulting in a more pronounced profit decline compared to the same period last year.