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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Laopu Gold
Laopu Gold (6181) investor relations material
Laopu Gold H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary26 Aug, 2026
Executive summary
Revenue for H1 2026 rose 60.3% year-over-year to RMB19,808.37 million, with sales reaching RMB22,778.73 million, up 60.6%.
Gross profit increased 73.7% to RMB8,173.74 million, and net profit surged 88.2% to RMB4,267.23 million, with basic EPS at RMB24.16.
Growth was driven by brand influence, product innovation, high-end customer demand, boutique expansion, and strong online and offline channel performance.
Overseas revenue more than doubled, aligning with the internationalization strategy.
Financial highlights
Gross profit margin increased to 41.3% from 38.1% year-over-year; net profit margin rose to 21.5% from 18.4%.
Non-IFRS adjusted net profit reached RMB4,316.51 million, with an adjusted net margin of 21.8%.
Total assets grew to RMB23,723.02 million, and total equity increased to RMB13,224.06 million as of June 30, 2026.
Inventory turnover days increased to 271 from 216, reflecting higher inventory for expansion.
Interim dividend proposed at RMB18.02 per share, nearly double the prior year.
Outlook and guidance
Plans to optimize 10–12 boutiques in 2026, with seven already completed and continued expansion domestically and overseas.
Focus on internationalization, product innovation, and expanding market presence.
Confident in sustaining growth through brand strength and global expansion.
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Latest events from Laopu Gold
- Revenue and profit surged over 220% year-over-year, fueled by boutique and global expansion.6181
H2 2025 - Revenue and profit soared over 250% year-over-year, driven by robust sales and expansion.6181H1 2025
- Net profit soared 198.8% on 148.3% revenue growth, fueled by boutique expansion and product innovation.6181H1 2024
- Revenue and net profit surged over 160% and 250% year-over-year, with robust boutique expansion.6181H2 2024
Next Laopu Gold earnings date
H2 202622 Mar, 2027
Laopu Gold
Next Laopu Gold earnings date
H2 202622 Mar, 2027
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Frequently asked questions
Laopu Gold Co Ltd is a China-based company engaged in the exploration, mining, processing, and sale of gold and related mineral resources. The company operates mining sites, conducts geological surveys, and manages the refining and production of gold products for distribution in domestic markets. Its activities cover the full value chain from resource extraction to finished metal processing. Laopu Gold serves various industrial and investment sectors with its gold outputs. The company is headquartered in Beijing, China, and its shares are listed on the SSE.