C.banner projects RMB7.00 million profit for H1 2026, turning around from RMB142.00 million loss

Bulletin Express
Aug 17

C.banner International Holdings Limited released a positive profit alert, indicating an expected net profit attributable to equity holders of about RMB7.00 million for the six months ended 30 June 2026. In the comparable period of 2025, the group posted a net loss of roughly RMB142.00 million, marking a swing of around RMB149.00 million year-on-year.

Management attributed the turnaround to two main factors:

1. Non-recurrence of a one-off impairment: A substantial impairment provision against trade debt owed by Mayflower (Nanjing) Enterprises Limited was booked in the first half of 2025 but did not recur in 2026.

2. Operational restructuring: The group intensified optimisation of its footwear business by reshaping the internal organisation and closing or revamping persistently underperforming or loss-making stores, which collectively lifted operating performance.

The figures are based on unaudited management accounts. Finalised interim results for the period to 30 June 2026 are slated for release before the end of August 2026. Shareholders and potential investors are advised to exercise caution when dealing in C.banner shares, as the disclosed numbers remain subject to audit and possible revision.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10