Laopho Gold's H1 revenue increased by 60.3% year-on-year to 19.808 billion yuan, and net profit surged by 88.2% to 4.267 billion yuan, but still fell short of expectations.
Laopugold released its 2026 interim results on August 25th, with sales reaching 22.779 billion yuan, a year-on-year increase of 60.6%. The company's gross profit margin rose from 38.1% in the same period last year to 41.3%, and its net profit margin increased from 18.4% to 21.5%. Online channels and overseas markets became major growth highlights, with online revenue increasing by 171.9% to 4.4 billion yuan, and overseas revenue increasing by 107.8% to 3.317 billion yuan. As of the end of June, the company operated 45 self-owned stores in 35 leading commercial centers across 16 cities.
Source:华尔街见闻 · Source Link
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