Impression Dahongpao (02695.HK): H1 Revenue Expected to Dip Around 16%, Net Profit Slump About 75%
NewTimeSpace News: On 12 August 2026, Impression Dahongpao (02695.HK) issued a profit warning. Based on preliminary review of unaudited management accounts prepared in accordance with Chinese Accounting Standards for Business Enterprises, total revenue for the reporting period is expected to stand at approximately RMB47.1 million, down roughly 15.9% from the corresponding period last year; net profit attributable to parent is projected at about RMB2.5 million, a year-on-year drop of 75.1%.
According to the announcement, the declines are mainly attributable to fewer tourists and audience visits caused by extreme adverse weather conditions and reduced large group tour activities. In addition, differences in the operating period of subsidiary Fujian Yueying Wuyi pushed up depreciation, amortisation, utility expenses and staff salaries. The termination of operating agreements for Impression Jianzhou Project and Impression Market also resulted in the loss of guaranteed income.
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