TONGRENTANGCM (03613) announces mid-term results, with profit attributable to owners approximately HKD 198 million, a decrease of 15.6% year-on-year.

TONGRENTANGCM (03613) announced its mid-year results for 2026, reporting a revenue of approximately HK$602 million, a decrease of 21% year-on-year; profit attributable to shareholders was approximately HK$198 million, down 15.6% year-on-year; earnings per share were HK$0.24. The announcement stated that the gross profit margin increased from 60.8% in the same period last year to 63.9% in this period, representing a year-on-year increase of 3.1%. At the same time, the decline in profit was smaller than the decline in revenue, indicating that the company's ongoing efforts in cost control and product structure optimization are yielding results. During this period, the capital structure remained stable, operating cash flow was abundant, interest-bearing debt was very low, and financial buffering capacity was sufficient. Meanwhile, the inventory amount continued to decrease, and asset allocation further focused on core businesses, leading to a sustained optimization of the overall asset structure.