China's Golden Throat H1 profit falls on higher costs

Golden Throat Holdings

31/08/2026 14:40

Overview
China lozenge maker's H1 revenue fell yr/yr 
Gross profit dropped and profit attributable to equity holders fell
Company did not declare an interim dividend for the reporting period

Outlook
Golden Throat plans to expand online channels in 2026, exploring live-stream e-commerce, private-domain communities and new retail

Result Drivers
HIGHER ADVERTISING – Selling and distribution expenses rose 12.1%, primarily due to increased advertising expenditure
CAUTIOUS CONSUMER SPENDING - Co cited increasingly cautious consumer spending as a factor in weaker results
INTENSIFIED COMPETITION - Co said intensified market competition contributed to the challenging environment

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 280.10 mln
 

Analyst Coverage
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 24 three months ago

Reuters Recommended Reads
Aug 31 - China's C.banner returns to profit on lower expenses
Aug 31 - China's BetterLife swings to H1 loss on weak auto sales, commission income 
Aug 31 - China's Shanghai Gench Education HY profit rises as student enrollment grows 

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-31/2ab29ff8-a5ca-46a4-a27f-3fc811e5de5b.file
(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.)