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QUANTGROUP (02685.HK) Expects 1H26 Profit to Fall 75%-80% on Lower Revenue
2026-08-16 18:48:25
QUANTGROUP (02685.HK) issued a profit warning, expecting profit for the six months ended June to range between RMB27 million and RMB34 million, down 75%-80% YoY. Revenue is expected to range between RMB431 million and RMB457 million, down 10%-15%.

During 1H26, intense market competition and the reallocation of marketing and sales resources led to a decline in revenue from the group's existing consumer e-commerce platform business. In addition, service costs related to platform operations incurred under business cooperation arrangements during the period resulted in a corresponding increase in cost of sales. (de/d)~

AASTOCKS Financial News
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.