Red Dragonfly issued an announcement, expecting to achieve an attributable net profit of 5 million to 10 million yuan in the first half of 2026, compared with a loss of 22.97 million yuan in the same period last year, turning loss into profit year-on-year. The company expects a deducted attributable net profit of negative 3 million to 2 million yuan, compared with negative 40.39 million yuan in the same period last year. The company stated that during the reporting period, demand for fashion footwear and apparel remained weak, but through continuous optimization of channel structure and improvement of operational efficiency, it achieved a turnaround in net profit, while also strengthening control over expenses. In the first quarter of 2026, Red Dragonfly achieved revenue of 554 million yuan and an attributable net profit of 9.23 million yuan.
Zhejiang Red Dragonfly Footwear Co LtdExpects net profit of 5-10 million yuan in H1 2026, turning from loss of 22.97 million yuan year-on-year.