Dida Inc (ASX: 02559) has announced its financial expectations for the first half of 2026.

The company anticipates generating revenue between approximately 1.57 billion yuan and 1.735 billion yuan, representing a decline of 45.2% to 39.4% compared to the same period last year.

It expects a net loss attributable to the company's equity shareholders of approximately 592 million to 654 million yuan.

This contrasts with a net profit attributable to shareholders of about 1.343 billion yuan in the corresponding period of 2025.

On an adjusted basis, the company projects a net loss of roughly 541 million to 597 million yuan, compared to an adjusted net profit of approximately 1.358 billion yuan a year earlier.

The board of directors attributes the anticipated decline in performance primarily to two key factors.

Firstly, ongoing intense competition within the transportation sector has led to significant pricing pressures.

This has been accompanied by a reduction in the company's carpooling business activities and the number of completed orders.

Secondly, a decrease in the market price of Uxin Limited's shares resulted in a fair value loss of 682 million yuan on the group's equity investment in Uxin.

This stands in contrast to a fair value gain of 792 million yuan recognized in the six-month period ended June 30, 2025.