Shanghai Kaytune Industrial Co.LtdFirst-half net profit attributable to parent fell 42.5% year on year to 1.73 million yuan despite revenue rising 11.0%.

Kaichun Co. released its 2026 interim report, showing first-half net profit attributable to the parent of 1.73 million yuan, down 42.5% year on year, while operating revenue rose 11.0% to 180 million yuan. Second-quarter operating revenue was 108 million yuan, up 23.7% year on year, and net profit attributable to the parent was 1.29 million yuan, down 10.3% year on year. As of the end of the second quarter, the company's total assets stood at 892 million yuan, up 7.7% from the end of the previous year, and net assets attributable to the parent were 770 million yuan, up 0.1% from the end of the previous year. During the reporting period, the company took on new projects in beauty and skincare, cultural and creative merchandise, and fragrances, and acquired Shanghai Kegin Information Technology Co., Ltd. to enhance its digital and intelligent retail solution capabilities.
Shanghai Kaytune Industrial Co.LtdFirst-half net profit attributable to parent fell 42.5% year on year to 1.73 million yuan despite revenue rising 11.0%.
Kaichun acquired Shanghai Kegin Information Technology to enhance digital and intelligent retail solution capabilities; impact on Kegin itself is unclear.