CABBEEN (02030) announces its mid-year performance with a net profit of RMB 18.391 million, an 8.23% year-on-year increase. The mid-year dividend is 1.08 Hong Kong cents.

date
08/08/2025
avatar
GMT Eight
"Carbon (02030) released its interim results for the six months ending June 30, 2025, with a group profit of RMB 4..."
CABBEEN (02030) released its interim performance for the six months ending on June 30, 2025. The group's revenue was 422 million yuan, a decrease of 16.47% year-on-year; net profit was 18.391 million yuan, an increase of 8.23% year-on-year; earnings per share were 2.48 cents; and the interim dividend was 1.08 Hong Kong cents. As of June 30, 2025, the group had 4 wholesale distributors, 19 commission-based distributors, and 95 second-tier distributors operating a total of 636 retail stores in mainland China, as well as two retail stores in Hong Kong. Additionally, the group sold products on its WeChat mini program, as well as on other e-commerce platforms such as Tmall, JD.com, VIP.com, and Douyin, and also sold products to other online distributors. As of June 30, 2025, the group had three design studios in Guangzhou, Milan, and Paris, with a team of 17 designers from mainland China, other Asian countries, Hong Kong, and Europe. The group also collaborated with design agencies and contract designers from around the world.