China's C.banner returns to profit on lower expenses

C banner International Holdings

31/08/2026 13:11

Overview
China footwear retailer's half-year revenue declined yr/yr
Company returned to profit for the period, posting RMB 6.8 mln
Basic EPS improved to 0.27 RMB cents from a loss per share

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
LOWER SELLING EXPENSES - Distribution and selling expenses decreased yr/yr, supporting the return to profit
OTHER INCOME IMPROVEMENT - Other income and gains swung positive, aiding profitability

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 592.70 mln
 

Analyst Coverage
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
Aug 28 - China Traditional Chinese Medicine H1 revenue falls on decline across segments
Aug 31 - Greatime International half-year revenue falls on weak innerwear demand
Aug 28 - Chinese toy distributor Kidsland H1 loss narrows amid shift to higher-margin brands

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)