DAHON TECH reports H1 RMB1.08 billion revenue

DAHON TECH said its first-half 2026 results showed faster sales and profit growth as the folding bicycle maker cited demand for urban commuting and leisure riding. The Hong Kong-listed company reported revenue of RMB489.7 million for the six months ended June 30, up 53.7% from RMB318.7 million a year earlier. Profit attributable to owners of the company rose 72.3% to RMB66.9 million from RMB38.8 million, according to its interim results announcement. Gross profit margin increased to 35.2% from 33.5%, and basic earnings per share rose to RMB2.23 from RMB1.85. ### Why do these numbers matter beyond the topline? RMB489.7 million in first-half revenue means DAHON TECH added about RMB171 million in sales from the same period last year. The company’s attributable profit increase of about RMB28.1 million outpaced the revenue gain in percentage terms, while gross margin expanded by 1.7 percentage points, indicating improved profitability on each unit sold. (hkexnews.hk) RMB66.9 million in attributable profit also means net earnings grew faster than sales during the period. The company said gross margin rose to 35.2%, a figure that gives investors a cleaner read on operating performance than revenue alone. ### What business trends did the company point to? DAHON TECH said demand for “convenient and integrated mobility solutions” continued to grow during the reporting period. (hkexnews.hk) The company said folding bicycles were being used more widely in short-distance urban commuting, public transport connections and outdoor leisure activities. The August 27 filing also tied demand to broader policy and infrastructure trends. DAHON TECH said countries were continuing to promote green and low-carbon development, while bicycle lanes, greenway networks and links to public transportation were being expanded. ### How does this compare with what was initially circulated? (hkexnews.hk) A PR Newswire release dated September 4 described DAHON TECH’s first-half revenue as about US$73 million and said that represented a 53.7% year-on-year increase. The same release said gross profit margin rose to 35.2%. (hkexnews.hk) The Hong Kong exchange filing provides the underlying RMB figures and is the more precise source for the period ended June 30, 2026. That filing shows revenue of RMB489.7 million and profit attributable to owners of RMB66.9 million, rather than the larger RMB figures cited in the preliminary card context. (prnewswire.com) ### Was the result audited? The August 27 announcement said the condensed consolidated results were unaudited. The company said the figures had been reviewed by its auditor under Hong Kong Standard on Review Engagements 2410 and also reviewed by the audit committee of the board. ### What did the board propose next? (hkexnews.hk) The board recommended an interim dividend of RMB1.224 per ordinary share, tax inclusive, for the six months ended June 30, 2026. The filing did not, in the excerpt reviewed, specify the payment date, but it identified the proposal as part of the interim results package. (hkexnews.hk) August 27 is the filing date investors can use to locate the full interim results announcement on HKEXnews, and September 4 is the date of the PR Newswire release that restated the first-half figures in U.S. dollar terms. The named participants in the next step are the company’s board, which recommended the dividend, and shareholders following the Hong Kong-listed stock under code 2543. (hkexnews.hk)