DYNASTY DIGITAL (00451) issues a positive profit alert, expecting a net profit of no more than 5 million yuan for the interim period, marking a turnaround compared to the same period last year.
Times Digital (00451) announced that the group expects to record a net profit of no more than RMB 5 million for the six months ending June 30, 2026, while for the six months ending June 30, 2025, the group recorded a net loss of approximately RMB 240 million.
DYNASTY DIGITAL (00451) announced that the group expects to record a net profit not exceeding RMB 5 million for the six months ending June 30, 2026, whereas for the six months ending June 30, 2025, the group recorded a net loss of approximately RMB 240 million.
Based on the existing information, this expected turnaround from loss to profit is mainly attributed to the following factors: (i) the one-time impairment loss of approximately RMB 295 million recognized in the previous period based on the expected credit loss model did not recur during the reporting period; and (ii) a reduction in administrative expenses due to the group's implementation of cost control measures.
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