Strawbear Entertainment issues profit warning, projects RMB50–60 million H1 2026 loss on reduced drama output

Bulletin Express07-31

Strawbear Entertainment Group (Stock Code: 02125) expects to post a consolidated net loss attributable to shareholders of approximately RMB50.00 million–RMB60.00 million for the six months ended 30 June 2026, widening sharply from the RMB5.50 million loss recorded in the same period of 2025.

The adjusted net loss—excluding equity-settled share award expenses—is projected at RMB47.40 million–RMB57.40 million, versus an adjusted loss of about RMB0.40 million a year earlier.

Management attributes the downturn to a smaller investment scale and a lower number of broadcast drama and micro-short series in the first half of 2026. Industry-wide scheduling adjustments and changes in online video platform programming pace curtailed revenue and project gross profit.

Despite the interim setback, Strawbear Entertainment reports that overall operations remain stable, with a robust pipeline of drama series slated for release in the second half of 2026 and throughout 2027. These upcoming broadcasts are expected to support performance recovery.

The interim results for H1 2026 are still being finalized and will be published in August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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