CITIC's Publishing Arm Sees 36.42% Profit Decline in First Half

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Yesterday

CITIC (00267) has unveiled the interim results for its subsidiary, Citic Press Corporation (300788.SZ), covering the first half of 2026. The company recorded operating revenue of approximately RMB 791 million, a year-on-year decrease of 3.87%. Net profit attributable to shareholders of the listed company stood at roughly RMB 77.06 million, down 36.42% from the same period last year. Basic earnings per share reached RMB 0.41, with a cash dividend of RMB 1.02 (pre-tax) declared for every 10 shares held.

The announcement attributes the profit downturn to an exceptionally high comparison base set in the prior-year period, driven by the blockbuster series Nezha: Tales of the Three Realms. Revenue from the book publishing and distribution segment fell by 13.64% during the reporting period. In response, Citic Press Corporation has elevated its IP operation business to a fourth major segment, standing alongside book publishing and distribution, digital intelligence services, and urban cultural space operations. Revenue from digital intelligence services and urban cultural space operations grew by 8.32% and 13.47%, respectively, while the IP operation segment surged 174.46%, achieving rapid expansion.

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