LANDSEA LIFE (Landsea Green Life Service Company Limited) announced a positive profit alert, forecasting a net profit attributable to equity owners of not less than RMB5.00 million for the six months ended 30 June 2026. This represents a turnaround from the RMB1.70 million net loss recorded in the same period of 2025.
The expected improvement is mainly driven by a reduction in provisions for impairment losses under the expected credit loss model on trade and other receivables.
Management emphasized that the figures are based on unaudited management accounts and are subject to finalisation. The audited interim results are scheduled for release in late August 2026.
Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.