CAROTE LTD (02549) announced its interim results, with a net profit of 135 million yuan, an increase of 31.5% year-on-year.

CAROTE LTD (02549) released its interim results for the six months ended June 30, 2026, reporting revenue of RMB 1.111 billion, an increase of 32.8% year-on-year; net profit of RMB 135 million, up 31.5% year-on-year; and earnings per share of RMB 0.25. The announcement stated that the increase in revenue was mainly driven by the following factors: (i) the continuous optimization of its channel structure, including deepening cooperation with high-quality channels, actively expanding new channels, and reducing poorly performing channels to concentrate resources on high-efficiency channels; (ii) the ongoing improvement of the group's product structure and operational efficiency, with strong performance from major product categories and new products, coupled with refined operations and organizational management driving rapid sales growth.