Doumob H1 2026 loss narrows on 7.6 % revenue uptick; no interim dividend

Bulletin Express
09/16

Doumob reported a net loss attributable to shareholders of RMB 9.20 million for the six months ended 30 June 2026, an improvement from the RMB 11.90 million loss in the prior-year period. Basic loss per share narrowed to RMB 0.0040 from RMB 0.0052. The board declared no interim dividend.

Revenue rose 7.6 % year-on-year to RMB 19.99 million. Marketing services remained the largest contributor, delivering RMB 12.99 million (65 % of total revenue) versus RMB 15.51 million a year earlier. Self-owned brands generated RMB 6.89 million, more than doubling from RMB 3.00 million and lifting their share to 34 %. Other sales provided RMB 0.10 million.

Cost of sales jumped 42.9 % to RMB 18.95 million, pushing gross profit down to RMB 1.04 million and compressing the gross margin to 5.2 % from 28.7 %. Selling and distribution expenses fell 34.9 % to RMB 3.27 million, while administrative expenses slipped 7.6 % to RMB 7.05 million. Expected credit losses on financial assets were RMB 0.08 million versus RMB 4.27 million in the prior-year period.

Cash and cash equivalents stood at RMB 16.33 million at end-June, down from RMB 23.27 million at year-end 2025, mainly due to operating cash outflows of RMB 6.96 million. Net current assets declined to RMB 13.12 million from RMB 23.62 million. Total equity contracted to RMB 15.92 million from RMB 26.45 million, and the gearing ratio (total debt/total assets) increased to 52.2 % from 38.8 %. The group maintained a RMB 10.00 million secured bank loan, renewed in August 2026 at a 2.9 % fixed annual rate.

Management highlighted continued investment in meal-replacement and light-food brands, AI-driven operational efficiency and expansion of marketing services into health-consumption sectors as strategic priorities for the second half of 2026.

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