LIANLIAN Reports 99.2% Drop in Interim Profit Attributable to Shareholders

Deep News
08/20

On August 20, LIANLIAN released its interim results. The data shows that during the reporting period, revenue reached RMB 876 million, a year-on-year increase of 11.9%; the company recorded a net profit of RMB 10.9 million.

Profit attributable to equity holders of the company stood at RMB 11.73 million, down 99.2% year-on-year; basic earnings per share were RMB 0.01. In the global payment sector, for the six months ended June 30, 2026, the company's total payment volume (TPV) for its global payment business reached RMB 249.9 billion, up 25.9% year-on-year; the total revenue from the global payment business was RMB 600.9 million, up 27.1% year-on-year.

The year-on-year revenue growth during the period was primarily driven by a RMB 22.9 million increase in digital payment business revenue, and a RMB 74.6 million increase in value-added services revenue, partially offset by a RMB 4.6 million decrease in other income.

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