STAR SHINE HLDG (01440.HK): Expects H1 Net Profit of at Least RMB 24 Million, Turning Around from Loss
NewTimeSpace News: On 13 August 2026, Star Shine Holdings Group Limited (stock code: 01440) issued a positive profit alert, expecting a net profit of no less than approximately RMB 24.0 million for the six months ended 30 June 2026, turning around from a net loss of approximately RMB 22.5 million in the prior-year period.
The announcement attributed the improvement mainly to the strong performance of its IP merchandise segment, which benefited from collaborations with a globally popular streaming series and other well-known IPs as well as new products with proprietary designs, contributing a segment profit of no more than approximately RMB 13.5 million; and fair value gains of no less than approximately RMB 27.0 million on its investments, which are non-cash in nature and do not affect operating cash flows.
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