Inkeverse issues profit warning, anticipates H1 2026 net profit to fall more than 30% amid weaker social networking revenue and crypto impairment

Bulletin Express08-07

Inkeverse Group Limited has alerted shareholders that its unaudited consolidated net profit for the six months ended 30 June 2026 is expected to shrink by over 30.0% from the RMB 273.98 million recorded in the prior-year period.

According to the preliminary assessment released on 7 August 2026, the profit downturn is mainly attributable to:

1. A decline in revenue from the social-networking segment, driven by market-environment changes and shifting user spending patterns.

2. A substantial rise in impairment losses on Bitcoin and Ethereum holdings, reflecting the cryptocurrencies’ price drop during the reporting period.

Management noted that these negative impacts should be partially mitigated by higher fair-value gains on financial assets measured at fair value through profit or loss.

The Board stated that the Group will continue to refine its product portfolio, optimise its cost structure and monitor market opportunities, maintaining confidence in its long-term prospects. Final unaudited interim results are scheduled for release by the end of August 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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