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Yu Development: 2026 Half-Year Performance Forecast
Yukai Fa (000514.SZ): Expected net loss of RMB 3.5 million to RMB 7 million for the first half of the year
Gelonghui, July 13 — Yu Kai Fa (000514.SZ) announced that it expects a net loss attributable to shareholders of the listed company for the first half of the year in the range of RMB 7 million to RMB 3.5 million, representing a decline of 102.00% to 104.00% compared to the same period last year. Net profit after deducting non-recurring gains and losses is expected to be between RMB 16 million and RMB 24 million. The significant year-over-year change in net profit attributable to shareholders of the listed company during this reporting period is primarily due to the fact that, in the same period last year, the company transferred a 1% equity interest in a subsidiary, lost control over the subsidiary, and recognized an investment gain of RMB 240 million at the consolidated level from the re-measurement of the remaining equity interest at fair value. This reporting period
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