ab 17 August 2026 Global Research First Read Willfar Information Technology 1H26 results below expectation on domestic delivery delays and higher expenses ONE LINER Willfar's recurring net profit declined 34% YoY in 1H26, below our expectation, mainly due to domestic delivery delays and higher expenses. No interim dividend was declared. KEY NUMBERS 1) Willfar's 1H26 revenue and recurring net profit were Rmb1,067mn/Rmb197mn, down 22%/34% YoY, below our expectation. 1H26 profit represents only 22% of our FY26 ...