Logory Logistics Technology Co., Ltd. (Logory) has advised shareholders and potential investors that it expects to post an unaudited net loss of about RMB20.30 million for the six months ended 30 June 2026, reversing from an unaudited net profit of roughly RMB26.10 million recorded in the prior-year period.

Management attributes the anticipated swing into loss to two primary factors:

1. Shift in Revenue Mix • The company continued to scale down its digital freight operations, which are characterised by high working-capital requirements and low gross margins. • Although newly developed data-service operations delivered higher margins, their contribution was insufficient to offset the gross profit shortfall created by the contraction of the legacy freight segment, leading to an overall gross profit decline.

2. Sustained Investment in Growth Initiatives • Logory maintained elevated research and development spending focused on AI applications and digital solutions. • Concurrently, selling and marketing outlays rose as resources were reallocated to bolster expansion in data services and other high-margin digital businesses.

The Board emphasised that the figures are based on preliminary unaudited management accounts and are subject to review by the company’s independent auditor and audit committee. Finalised interim results are slated for release in August 2026.

Investors are urged to exercise caution when dealing in Logory shares pending the official interim results announcement.