A-share Volatility: Jiabiyou Plummets Over 18%, Q1 Revenue Drops Sharply and Profit Turns to Loss

Gelonghui reported on April 23 that Jiabiyu (688089.SH) plummeted over 18% at midday, closing at 16.34 yuan, with its total market value falling below 3 billion yuan. According to the announcement, Jiabiyu's Q1 2026 financial report showed that the company achieved revenue of 11.0142 million yuan in the first quarter, a year-on-year decrease of 92.94%; net profit attributable to shareholders was a loss of 43.5671 million yuan, compared to a profit of 44.9959 million yuan in the same period last year; non-recurring net profit was a loss of 43.9009 million yuan, indicating that its core business has fallen into severe losses. This was mainly due to the dual impact of overseas market public opinion incidents and new regulatory requirements. Meanwhile, the company also...

Gelonghui FinanceApr 23 11:48

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