ZHONGGAN COMM Issues Profit Warning: Up to RMB4.00 Million Loss Expected for 1H26

Bulletin Express
08/14

Zhonggan Communication (Group) Holdings Limited (ZHONGGAN COMM) announced that preliminary unaudited figures indicate a loss attributable to equity shareholders of no more than RMB4.00 million for the six months ended 30 June 2026. The company posted a profit of approximately RMB4.20 million in the same period of 2025, marking a swing of around RMB8.20 million year-on-year.

Management attributes the anticipated loss to two factors:

1. A higher provision for credit impairment losses, reflecting both the prevailing economic environment and the company’s prudent accounting stance. 2. A reduction in one-off government incentives compared with the prior-year period.

The interim results remain subject to review and possible adjustment. Zhonggan Communication expects to publish its full unaudited interim financial statements on 28 August 2026.

Shareholders and potential investors are advised to exercise caution when trading the company’s securities.

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