CAROTE (02549) Posts 31.5% Jump in Interim Net Profit to RMB 135 Million

Stock News08-27 17:32

CAROTE (02549) has announced its interim results for the six months ended June 30, 2026, with net profit climbing 31.5% year-on-year to RMB 135 million.

Revenue for the period reached RMB 1.111 billion, up 32.8% from the same period last year, while earnings per share came in at RMB 0.25.

The company attributed the revenue growth to two key drivers. First, it has been optimizing its channel structure by strengthening partnerships with high-performing channels, actively expanding into new sales avenues, and scaling back underperforming ones, allowing resources to be concentrated on the most efficient outlets.

Second, product mix and operational efficiency have continued to improve, with strong performance across major product categories and new launches. This, combined with refined operational management and organizational oversight, has helped accelerate sales growth during the period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment