Kouzijiao's first-half net profit falls 48.97% year on year

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Kouzijiao disclosed its 2026 semi-annual report on August 27. During the period, it achieved operating revenue of 1.952 billion yuan, down 22.89% year on year, and net profit attributable to shareholders of the listed company of 365 million yuan, down 48.97% year on year. The company said the change in performance was mainly due to lower operating revenue, and because the declines in administrative expenses and selling expenses were smaller than the decline in revenue.

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