RUIHE DATA (03680) has announced its results for the six months ended 30 June 2026, posting a net profit attributable to shareholders of RMB 58.205 million, marking a year-on-year increase of 34.78%.
During the reporting period, the group recorded revenue of RMB 94.46 million, a decrease of 19.88% compared to the previous corresponding period, while earnings per share stood at RMB 6.65 cents.
The surge in profit for the period was primarily driven by the following factors: the group's share of profits from its associates amounted to approximately RMB 11.843 million, largely attributable to its associate, Shenzhen Juchuang, compared to no such contribution in the first half of 2025. Additionally, the group actively implemented cost reduction and efficiency enhancement measures during the period, leading to a decrease in employee benefit expenses of approximately RMB 4.148 million, as well as a reduction in depreciation and amortisation expenses of roughly RMB 7.668 million.
However, these gains were partially offset by a decline in gross profit of approximately RMB 2.987 million and an increase in expected credit losses on financial and contract assets of about RMB 5.559 million. Overall, the combined effect of these factors narrowed the operating loss by approximately RMB 3.243 million compared to the same period in 2025.
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