Laopu Gold expects revenue for the first half of the year to increase by 60% to 66% year-over-year, with net profit rising by 83% to 85%.
Laopu Gold has issued a positive earnings forecast, projecting that revenue for the first half of 2026 will increase by 60% to 66% year-over-year, with net profit rising by 83% to 85% year-over-year. The company expects first-half revenue to reach approximately 19.8 billion to 20.45 billion yuan, with adjusted net profit of approximately 4.31 billion to 4.36 billion yuan. The board of directors stated that the performance growth is primarily attributable to expanded brand influence, product optimization and iteration, as well as increased spending and repeat purchase rates among high-net-worth clients. The board also noted that as strategies such as new product launches and high-net-worth client management are gradually implemented, revenue and net profit growth in the second half of the year are expected to be even more pronounced.
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