AINNOVATION (02121) Issues Profit Alert, Expects Adjusted Net Profit of 2-4 Million Yuan in First Half, Reversing Year-Ago Loss

Stock News
08/11

AINNOVATION (02121) has announced that, driven by increased market demand and operational efficiency improvements from its platform-based capabilities and product standardization, it expects to record an adjusted net profit (a non-IFRS measure) of between RMB 2 million and RMB 4 million for the six months ended June 30, 2026. This marks a significant turnaround from the adjusted net loss of RMB 6.681 million reported in the same period of 2025.

The company stated it will adhere to a strategy of sustained pragmatism and long-term development, actively responding to market challenges, striving to help clients reduce costs and improve efficiency, while enhancing its own technological products and business sustainability. The company defines adjusted net profit/(loss) as net loss for the period adjusted by adding back share-based payment expenses, amortization of intangible assets arising from acquisitions, and fair value changes of financial assets/liabilities measured at fair value through profit or loss. The fair value changes of financial assets/liabilities measured at fair value through profit or loss primarily include changes in the fair value of contingent consideration and other financial investments. The company believes that these non-IFRS measures facilitate comparison of operating performance across different periods and different companies by eliminating the potential impact of certain items.

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