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

Bulletin Express
Aug 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.

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.

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