Jingwei Group (01195) issued a profit warning. The annual net loss is expected to increase by about 6 million yuan to 12 million yuan over the same period last year

According to the Zhitong Finance App, Jingwei Group (01195) issued an announcement. According to a preliminary assessment of the Group's unaudited comprehensive management accounts for the year ended June 30, 2026 (current year), it is expected to achieve a net loss of about RMB 6 million to RMB 12 million this year, while a net loss of approximately RMB 1.95 million was achieved for the year ended June 30, 2025. The increase in losses was mainly due to inventory impairment and impairment of goodwill in the Xuzhou business this year. The relevant accounts have not been reviewed by the Company's Audit Committee or reviewed by the Company's auditors, and changes and adjustments may be made after further review. The Company's annual results for this year will be published on September 28, 2026.