According to the Zhitong Finance App, Lao Henghe Brewing (02226) announced its 2026 interim results, with revenue of 138 million yuan (RMB, same below), a year-on-year decrease of 4.38%; net loss of 240 million yuan, a year-on-year narrowing of 4.59%; and a basic loss of 0.41 yuan per share.

According to the announcement, gross margin increased from 29.1% for the six months ended June 30, 2025 to 30.8% for the same period in 2026. The increase in gross margin was mainly due to cost control and an increase in the share of sales of high-end cooking wine products with high gross margins.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.