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Shandong Guoxin (01697) issued a profit warning. The net loss for the medium term is expected to be about 119 million yuan in profit and loss year over year
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According to the Zhitong Finance App, Shandong Guoxin (01697) announced that the Group expects a net loss of approximately RMB 119 million for the six months ended June 30, 2026, and a net profit of RMB 167 million for the six months ended June 30, 2025. Compared with the same period in 2025, the board of directors expected a change in profit and loss during the reporting period, mainly due to losses from changes in fair value of financial assets (mainly some securities investments) held by the Company during the reporting period, which were measured at fair value and whose changes were included in current profit and loss. This is an unrealized profit and loss. It is a non-cash project and will not affect the cash flow of the Company's operating activities.

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