HONWORLD GP Posts RMB 240 Million Interim Net Loss, Narrowing 4.59% Year-on-Year
Stock News
Aug 28
HONWORLD GP (02226) has released its interim results for the 2026 fiscal year, reporting revenue of RMB 138 million, a decrease of 4.38% compared to the same period last year. The company recorded a net loss of RMB 240 million, which narrowed by 4.59% year-on-year, with basic loss per share standing at RMB 0.41.
The company noted that its gross profit margin expanded from 29.1% in the six months ended June 30, 2025, to 30.8% during the same period in 2026. This improvement was primarily driven by enhanced cost control measures and a higher sales mix of mid-to-high-end cooking wine products, which carry relatively stronger gross margins.
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