EEKA Fashion Holdings (3709) H1 2026 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2026 declined by 12.14% year-over-year to RMB2,727.14 million, mainly due to lower sales in self-operated retail stores.

• Net profit increased by 1.27% year-over-year to RMB292.67 million, with net profit margin rising to 10.73%.

• No interim dividend was declared for the period.

Financial highlights

• Gross profit decreased by 12.17% to RMB2,083.01 million, with gross margin stable at 76.38%.

• Operating expenses fell by 12.89% to RMB1,795.74 million, reflecting cost control measures.

• Net cash inflow from operating activities was RMB757.78 million, down 15.41% year-over-year.

• Basic earnings per share remained at RMB0.43.

Outlook and guidance

• The company expects continued recovery in consumer confidence and purchasing power, supported by government policies and a focus on mid- to high-end brands.

• Plans include omnichannel integration, digital supply chain upgrades, and AI-enabled business scenarios to drive operational efficiency.

• Full-year GDP growth in China is projected at around 4.8%, with gradual improvement in the consumer market.