Jiutai Smart (06918) released its interim results, with revenue of 122 million yuan, an increase of 76.79% year-on-year.

date
22:40 31/08/2026
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GMT Eight
Jiu Tai Shuzhi (06918) announced its interim results for the six months ending June 30, 2026, reporting revenue of 122 million yuan, a year-on-year increase of 76.79%; the loss attributable to shareholders was 64.408 million yuan, a year-on-year increase of 328.36%; loss per share was 7.7 cents.
Jiutai Smart (06918) announced its interim results for the six months ending June 30, 2026, reporting revenues of 122 million yuan, a year-on-year increase of 76.79%. The loss attributable to shareholders was 64.408 million yuan, a year-on-year increase of 328.36%, with a loss of 0.077 yuan per share. The announcement stated that the revenue growth was primarily driven by an increase in the smart vehicle model business and high-profit revenue generated from the newly added comprehensive financial services sector. To strengthen long-term competitiveness and enhance research and development capabilities, the Group acquired a series of software copyrights during the period, including a management system for smart toy electric remote control cars, a smart vehicle navigation system, and a driving data management system. These software copyrights enable the Groups product lines to achieve real-time electronic control, intelligent path planning, and telemetry data tracking. By applying these technologies to its "JIUTAI DIGITAL" brand and co-branded wireless remote control vehicle products, the Group can enhance user interaction experience, optimize product performance, and ensure it maintains a high level of competitiveness in the increasingly evolving smart toy market.