Bama Tea Industry (06980) announced interim results. Profit attributable to shareholders was 198 million yuan, an increase of 65.3% over the previous year

According to the Zhitong Finance App, Bama Tea Industry (06980) announced results for the six months ended June 30, 2026, with revenue of 1,401.5 billion yuan, up 31.8% year on year; profit attributable to the company's equity shareholders was 198 million yuan, up 65.3% year on year; basic profit per share was 2.33 yuan.

Tea products are the company's main source of revenue. Revenue for the six months ended June 30, 2026 increased by 34.5% year-on-year compared to the six months ended June 30, 2025, with a significant increase. Among them, tea combinations, oolong tea, and black tea increased significantly. The company's revenue from non-tea products has remained relatively stable. The gross margin for the first half of 2026 was 54.6%, down 0.7% year on year, mainly due to the year-on-year increase in transportation and storage costs, and the increase exceeded revenue growth, which in turn lowered the gross profit level.