Mobile Card (09923) announced interim results. Profit attributable to shareholders of 43.936 million yuan increased 2% year-on-year

According to Zhitong Finance App News, Mobile Card (09923) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 1,249 billion yuan, a year-on-year decrease of 23.9%; profit attributable to the company's equity holders was 43.936 million yuan, an increase of 2% over the previous year; and basic profit per share was 0.11 yuan.

In the first half of 2026, the company increased its commercialization rate and optimized its customer portfolio, increasing the gross profit of the payment business by about 24.9% year-on-year to 244 million yuan, driving the overall gross margin from 23.3% to 28.8%. Overall net profit for the period reached 41.9 million yuan, the best semi-annual profit margin since 2023, and achieved year-on-year profit growth for four consecutive years.

The Group continues to improve efficiency with digital employees and optimized R&D processes. In the first half of 2026, administrative and R&D expenses were reduced by 8.1% year-on-year, reflecting that innovative technology continues to help control costs. AI will be applied more deeply to business processes and will continue to enhance the Group's long-term efficiency and core competitiveness.