China Ludao Technology (02023) announced interim results, revenue of about 681 million yuan, a year-on-year increase of 14.15%

According to Zhitong Finance App, China's Ludao Technology (02023) announced its 2026 interim results, with revenue of about 681 million yuan, an increase of 14.15%; profit attributable to company owners was 43.306 million yuan, an increase of 0.28% year on year; profit per share was 0.09 yuan.

According to the announcement, the increase in profit was mainly due to an increase in gross margin and a decline in sales expenses and administrative and other operating expenses during the reporting period.

During the reporting period, the group firmly adhered to the development concept of “innovation, green and harmony” and continuously strengthened partnerships with strategic customers. On the basis of maintaining existing sales channels, the Group is continuously developing new sales channels, actively expanding the domestic market, actively developing high value-added products, increasing bargaining space for Group products, continuously increasing investment in e-commerce companies, and increasing e-commerce sales channels. Benefiting from the expansion of export business, the Group's CMS business achieved steady growth of about 2.3%. Meanwhile, the OBM business maintained steady performance in fierce domestic competition, achieving a slight increase of 0.4%. Meanwhile, the Group further explored the wholesale business and achieved significant growth of around 60.0%.