Redco Healthy Living sees swing to up to RMB2.00 million interim profit; owner-level loss expected to narrow to within RMB3.00 million

Bulletin Express08-19

Redco Healthy Living Company Limited announced a supplemental update to its 17 August 2026 positive profit alert, projecting a consolidated net profit of no more than RMB2.00 million for the six months ended 30 June 2026, reversing a RMB0.80 million net loss in the prior-year period.

Management now expects the unaudited net loss attributable to owners of the company to be capped at RMB3.00 million, a marked improvement from the RMB5.70 million loss recorded a year earlier.

The narrowed owner-level deficit is mainly attributed to a significant reduction in impairment provisions on trade receivables from both third parties and related parties. This benefit is partially offset by lower overall revenue, particularly from value-added services to non-property owners, including sales-office management and IT and intelligent construction services provided to Redco Properties.

The board reiterated that full interim results will be released on 28 August 2026 and advised shareholders and potential investors to exercise caution when dealing in the company’s shares.

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