CHEERWIN GP Shares Surge Over 4% on Robust First-Half Profit Growth and Strong Omnichannel Performance

Stock News
Yesterday

Shares of CHEERWIN GP (06601) climbed more than 4% in Hong Kong trading, last up 3.36% at HK$2.305, with turnover reaching HK$9.28 million.

The move follows the company's release of its 2026 interim results on August 25, which showed revenue of approximately HK$1.635 billion, a 22.1% year-on-year increase. Profit attributable to owners of the company rose 22.24% to roughly HK$212 million, with earnings per share of 15.91 HK cents and an interim dividend of HK$0.0636 per share.

According to the company announcement, CHEERWIN GP achieved rapid growth across all sales channels. In its online segment, revenue grew 27.3% compared to the six months ended June 30, 2025, driven by the fast expansion of emerging e-commerce platforms such as Douyin and its direct sales channels. Meanwhile, the offline channel saw an 18.9% increase in revenue over the same comparison period.

The pet business also contributed to the strong performance, with revenue up 15.3% year-on-year. This growth was attributed to the creation of best-selling product combinations in pet food and supplies across multiple online platforms and categories, as well as improvements in the operational quality and service standards of physical stores.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10