Pu’er Lancang Ancient Tea Co., Ltd. (Lancang Tea) released a positive profit alert indicating that, based on unaudited management accounts, first-half 2026 revenue is expected at RMB155.00–170.00 million, up 29.70%–42.25% from RMB119.51 million in the same period of 2025.
Net profit attributable to shareholders is projected at RMB1.50–3.00 million, reversing the RMB29.17 million loss recorded in first-half 2025.
Management attributes the improved performance to: 1) adjusted business strategies and product mix that expanded sales across online, key-account and distributor channels; and 2) cost-reduction and efficiency initiatives that lowered total expenses, supporting the shift back to profitability.
The company noted that these figures are preliminary and unaudited; formal half-year results are scheduled for release by end-August 2026. Investors are advised to exercise caution when dealing in the shares until audited results are disclosed.