According to the Zhitong Finance App, Jiujiuwang (01927) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 165 million yuan, an increase of 1.65% over the previous year; profit attributable to the company owners was 4.748 million yuan, an increase of 16.34% over the previous year; and the profit per share was 0.6 points.

According to the announcement, the increase in profit was mainly due to the net impact of the following: a decrease in gross profit (mainly due to a decrease in sales of private brand products, and the profit margin of private brand products is generally higher than that of OEM products); an increase in the Group's other revenue and earnings, net (mainly due to an increase in expected credit loss reimbursement of trade receivables); a decrease in sales expenses of about 1 million yuan (mainly due to a decrease in marketing and promotion expenses during the period); and a decrease in administrative expenses of about 800,000 yuan (mainly due to a decrease in travel expenses during the period).

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