Changhong Jiahua (03991) announced interim results. Profit attributable to shareholders of HK$206 million increased 13.52% year over year

According to the Zhitong Finance App, Changhong Jiahua (03991) announced the interim results for the six months ended June 30, 2026. The group achieved revenue of HK$27.782 billion, an increase of 31.24%; profit attributable to the owners of the Company was HK$206 million, up 13.52% year on year; profit per share was HK$8 million.

According to the announcement, during the period, the Group continued to strengthen basic management, continue to strengthen digital intelligence system construction and business process transformation and optimization, use advanced artificial intelligence and big data technology as a means to build an intelligent business system, improve operational quality and efficiency, enable business innovation, efficiently and accurately match the personalized and customized needs of ecological partners, and comprehensively enhance intelligent distribution service capabilities. Continue to strengthen risk management and control, adhere to strict inventory management, credit management and accounts receivable management, rationally dispatch funds, accelerate capital turnover, and ensure the safety and efficiency of working capital. The Group continues to strengthen cost control. R&D expenses decreased compared to the same period last year, mainly due to a reduction in R&D personnel and service fees; an increase in administrative expenses compared to the same period last year, mainly due to an increase in stamp duty and labor costs; an increase in distribution and sales expenses compared to the same period last year, mainly due to an increase in marketing expenses; and the decline in financing costs was mainly due to a decrease in the size of bank loans and loan interest rates.