BaWang International (Group) Holding Limited issued a positive profit alert, indicating an expected operating profit of approximately RMB1 million to RMB2 million for the six months ended 30 June 2026 (1H2026). The company recorded an operating loss of RMB2.30 million in the corresponding period of 2025.
Management attributed the turnaround to lower cost of sales despite a “minor” decrease in revenue. Key savings were generated from: 1) reduced packaging material costs; 2) electricity sourced from the Group’s rooftop solar panels; and 3) lower rental expenses for operating premises.
The figures are based on unaudited management accounts and remain subject to review by the company’s auditors and Audit and Risk Management Committee. Formal interim results are scheduled for release on or about 27 August 2026.
BaWang International cautioned shareholders and potential investors to exercise care when dealing in its shares until the interim results are published.