LANCANG TEA (06911) announced its interim results, with a profit attributable to owners of 2.415 million yuan, reversing the loss compared to the same period last year.
Lancang Ancient Tea (06911) announced its mid-term results for 2026, with revenue of approximately 163 million yuan, a year-on-year increase of 36.8%; gross profit of 98.55 million yuan, a year-on-year increase of 56.4%; profit attributable to shareholders of the company was 2.415 million yuan, turning a profit compared to a loss in the same period last year; basic and diluted earnings per share were 0.02 yuan.
LANCANG TEA (06911) announced its mid-term results for 2026, with revenue of approximately 163 million yuan, a year-on-year increase of 36.8%; gross profit of 98.551 million yuan, a year-on-year increase of 56.4%; profit attributable to owners of the company at 2.415 million yuan, reversing from a loss to a profit; basic and diluted earnings per share of 0.02 yuan.
The announcement stated that the turnaround to profit was mainly due to the increase in operating income and the implementation of cost reduction and efficiency enhancement measures.
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