China Ruyi (00136.HK): Expected First-Half Net Profit of Approximately RMB 800 Million to 900 Million

NewTimeSpace News: On August 16, 2026, China Ruyi (00136.HK) issued a profit warning stating that, based on information currently available to management, it expects to record an unaudited consolidated net profit after tax of approximately RMB 800 million to 900 million for the reporting period, representing a decrease of approximately 26.7% to 34.9% compared with approximately RMB 1.228 billion in the same period last year.

The announcement indicated that the year-on-year decline in net profit was primarily attributable to the impact of project production, distribution, and release cycles on the film, television, and gaming businesses, with certain key projects incurring investments and costs during the reporting period, while the revenue and profit contributions from the related projects are expected to be gradually realized mainly in the second half of the year.

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