KINGDOM HOLDING (00528) announced its interim results, reporting a net profit of 109 million yuan, reversing its losses from the previous year.

KINGDOM HOLDING (00528) announced its interim results for the six months ended June 30, 2026. The group achieved revenue of RMB 1.324 billion, an increase of 4.31% year-on-year; net profit attributable to shareholders was RMB 109 million, returning to profitability; earnings per share were RMB 0.18. The announcement stated that the increase in revenue was due to a 32.7% rise in the average selling price of linen yarn, while the sales volume of linen yarn during the review period decreased by about 21.7% compared to the same period last year. Domestic sales in China fell by 11.5%. Total sales to EU countries surged by 31.9% year-on-year, while sales to non-EU countries increased by 16.0% year-on-year.