RIDGE OUTDOOR's Own-Brand Sales Surge 59% in First Half

Stock News
Aug 27

RIDGE OUTDOOR (02720) has posted its interim results for fiscal 2026, with total revenue reaching approximately RMB 301 million and gross profit of RMB 80.15 million. Net profit for the period stood at around RMB 23 million. The company's OBM (Original Brand Manufacturer) segment delivered standout performance, generating RMB 34.9 million in revenue, a sharp 59.0% year-on-year increase, as its share of total revenue continued to climb, underscoring the steady momentum of its brand transformation strategy.

In the face of external headwinds, the group remains anchored in product innovation and service enhancements. On the manufacturing front, it is deepening strategic partnerships with core clients while advancing new product development and capacity expansion ahead of schedule, laying a solid foundation for sales growth in the second half of 2026 and into 2027. Simultaneously, the company is reinforcing its dual-engine growth model by accelerating its multi-brand portfolio, expanding into emerging markets, broadening product categories, and upgrading its marketing systems to steadily cultivate fresh growth drivers.

Product strength sits at the heart of RIDGE OUTDOOR's competitive edge. As of June 30, 2026, the company's SKU count had surpassed 10,000, covering the full spectrum of fishing scenarios—including pole fishing, sea fishing, fly fishing, ice fishing, and lure casting—offering a rare one-stop product solution capability within the industry. During the reporting period, the group completed iterative upgrades on over 1,000 new products, with most projects achieving order conversion within the same year.

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