DEEWIN (02418) has issued a profit warning, projecting a significant decline in its interim net profit for the six months ending June 30, 2026.

The company expects its net profit for the period to be approximately RMB 30 million to RMB 40 million, representing a decrease of about 56% to 67% compared to the RMB 91.7 million recorded in the same period of the previous year.

The anticipated drop in earnings is primarily attributed to intensifying competition in both the domestic financial services and supply chain logistics sectors during the first half of 2026. To respond to market pressures and enhance its competitiveness, the company adjusted its business policies, which led to a reduction in overall gross profit margin compared to the same period last year.

Additionally, in light of evolving market risks, DEEWIN (02418) has adopted a more cautious approach, increasing the credit impairment provisions for individual customer accounts receivable. This decision has further impacted the company's overall profit performance for the period.