Antarctic e-commerce (002127.SZ) released its first half results, with net profit of 51.6792 million yuan to mother, an increase of 279.42% over the previous year

According to the Zhitong Finance App, Antarctic E-Commerce (002127.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,005 billion yuan, a year-on-year decrease of 25.73%. Net profit attributable to shareholders of listed companies was 51.6792 million yuan, an increase of 279.42% over the previous year. Achieve net profit of 43.592 million yuan, which is attributable to shareholders of listed companies after deducting non-recurring profit and loss. Basic earnings per share were $0.0217.

The decline in revenue is mainly due to the year-on-year decline in the operating income of the subsidiary TimeNet. Due to the more intense competition in the market environment, TimeConnect has narrowed its focus on cooperation channels, and revenue is under pressure in the short term. However, the Apple business grew steadily, and the Xiaohongshu business began to gain strength, the revenue contribution of the new business gradually increased, and the business structure continued to be optimized. At the same time, the year-on-year decline in product sales also affected the decline in some operating income.