Jiumu Wang released its 2026 interim report, showing first-half net profit attributable to the parent of 39.83 million yuan, down 77.2% year on year. Operating revenue was 1.56 billion yuan, up 3.9% year on year. Recurring net profit attributable to the parent was 157 million yuan, up 44.0% year on year. Net operating cash flow was 153 million yuan, up 154.0% year on year. In the second quarter, net profit attributable to the parent was a loss of 29.6 million yuan, widening from a loss of 17.42 million yuan in the same period last year. The company said it remains focused on the men's trousers segment, launched new products such as Little Black Pants 5.0, and is advancing its DTC transformation. During the reporting period, 64 franchised stores were converted to directly operated stores.
Joeone Co LtdFirst-half net profit attributable to parent fell 77.2% to 39.83 million yuan, with Q2 loss widening.
