C.BANNER (01028) announced its interim results for 2025, reporting revenue of RMB 640 million, representing an 11.2% year-on-year decline. The company recorded a loss attributable to owners of RMB 142 million, compared to a profit of RMB 52.414 million in the same period last year. Basic loss per share was 6.84 cents.
The year-on-year revenue decrease was primarily attributed to reduced revenue from the footwear business. Affected by weak domestic consumer demand and tariff impacts, revenue from retail and wholesale operations declined by RMB 46 million compared to the same period last year, while contract manufacturing business revenue decreased by RMB 43.4 million year-on-year.