ZALL SMARTCOM (02098) announced its interim results, reporting a loss attributable to equity shareholders of approximately 1.149 billion yuan, compared to a profit in the same period last year.

ZALL SMARTCOM (02098) announced its interim results for 2026, with revenue of approximately 36.905 billion yuan, down 59.41% year-on-year; the company reported a loss attributable to equity shareholders of approximately 1.149 billion yuan, reversing from profit to loss year-on-year; earnings per share resulted in a loss of 0.0927 yuan. The announcement stated that the decrease in revenue was mainly due to a reduction in income from supply chain management and trading activities. The decline in income from these sectors was attributed to the group strategically reducing the proportion of low-margin businesses and optimizing its business structure during the reporting period, in order to concentrate resources on high-value-added business, leading to a contraction in the scale of supply chain management and trading activities.