C.BANNER Posts Interim Turnaround as Losses Shift to Profits

Stock News
08/31

C.BANNER (01028) has published its interim results for the six months ended June 30, 2026, revealing a net profit attributable to shareholders of RMB 6.743 million, marking a significant turnaround from a loss in the prior corresponding period.

The company reported total revenue of RMB 593 million for the period, representing a year-on-year decrease of 7.41%. Despite the top-line decline, the shift to profitability underscores improved operational efficiency across its remaining business segments. The group recorded a loss per share of RMB 0.27 cents.

According to the official announcement, the reduction in revenue is primarily attributable to the divestment of its toy retail operations, which were sold in September 2025. This strategic disposal has streamlined the company's portfolio, allowing it to focus on core footwear retail activities and enhancing overall margin performance.

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