Hangmin Co., Ltd. (600987.SH) announced first-half results, net profit of 300 million yuan to mother, a year-on-year decrease of 4.59%

According to the Zhitong Finance App, Hangmin Co., Ltd. (600987.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 3.888 billion yuan, a year-on-year decrease of 28.56%. Achieved net profit attributable to shareholders of listed companies of 300 million yuan, a year-on-year decrease of 4.59%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 292 million yuan, a year-on-year decrease of 4.88%. Basic earnings per share were $0.294.

During the reporting period, the gold jewelry business was affected by sharp fluctuations in gold prices and tax policy adjustments. Amid weak terminal demand, the gold jewelry business actively adjusted the product structure in an effort to stabilize the basic market and achieved sales volume of 19.779 tons, a year-on-year decrease of 27.40%; the gold business achieved main business revenue of 1854.177 million yuan, a decrease of 46.09% over the same period last year, and completed a total profit of 75.127 million yuan, a decrease of 22.35% over the same period last year.