Breton (01333.HK): Expected H1 Loss Narrowed to RMB 80‑90 Million

NewTimeSpace News: Breton announced on August 26 that it expects a loss of RMB 80 million to RMB 90 million for the six‑month period ended 30 June 2026, representing a narrowing of loss by approximately 45.93%‑51.67% compared with the same period of last year.

NewTimeSpace News: On August 26, 2026,Breton(01333.HK) issued a profit forecast. Based on preliminary assessment of unaudited consolidated management accounts, the Group expects to record a loss of RMB 80 million to RMB 90 million for the period, compared with a loss of approximately RMB 174.184million in the corresponding period last year, representing a loss reduction of 45.93%‑51.67%.

According to the announcement, the narrowed loss is mainly attributable to improved gross profit margin and lower impairment of receivables. The Company cautions that impairment losses on accounts receivable and potential impairment provisions are still under assessment. The above figures are preliminary estimates and have not been reviewed by the auditors. Interim results are expected to be released in late August 2026.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.