China Wantone Warns of 38% Profit Decline for Q1 FY2026

According to China Wantone (HKEX: 00151), the company expects profit attributable to shareholders to fall approximately 38% year-over-year for the three months ended June 30, 2026, as revenue declined by around 6% amid weakened market sentiment.

The decline was driven by a double-digit revenue contraction in the traditional wholesale channel, which accounts for more than half of total revenue, as distributors faced slower end-market demand. Operating expenses rose by high single-digit percentage due to increased marketing investments and staffing costs following the establishment of business divisions for different product categories.