ST Rebecca told investors at its 2026 semi-annual earnings briefing that overseas sales account for about 80% of total revenue, and that it plans to add new businesses including the manufacturing and sale of wearable smart devices. The company held its second extraordinary shareholders' meeting of 2026 on September 18, 2026, where it approved a proposal to amend certain articles of the company charter, with the business scope to include the above new businesses. The 2026 semi-annual report released on August 27 shows revenue of 644 million yuan, up 7.73% year on year; net profit attributable to the parent of 4.5 million yuan, down 52.03% year on year; non-GAAP net profit attributable to the parent of 4.12 million yuan, down 56.40% year on year; and net operating cash flow of 124 million yuan, up 3.88% year on year. The company said the decline in net profit was mainly due to the rapid depreciation of the US dollar against the yuan in the first half, resulting in an exchange loss of 38.7476 million yuan, with finance costs up sharply by 36.6991 million yuan compared with the same period last year. Chairman and General Manager Zheng Wenqing, responding to questions about shareholder share reductions and sales targets, said the company will stick to its global development path, continue to do well in export business while focusing on expanding the domestic market and raising the share of domestic sales.
Henan Rebecca Hair Products Co LtdRapid USD depreciation against the yuan caused a 38.75 million yuan exchange loss, driving net profit down 52% year on year.
