DAHON TECH (02543) saw its shares climb as much as 22% in early trading on Thursday, before settling at a gain of 16.77% to HK$36.20 by midday, with turnover reaching HK$7.88 million.
In its interim results for fiscal year 2026, the company reported revenue of RMB 490 million, up 53.7% year-on-year, while profit attributable to shareholders surged 72.3% to RMB 66.9 million. Basic earnings per share stood at RMB 2.23, with an interim dividend of RMB 1.224 per share declared.
The folding bicycle and related products segment delivered exceptional performance, particularly in the domestic market. Online direct sales revenue in China reached RMB 144 million during the reporting period, marking an 84.3% increase year-on-year, establishing the channel as a key growth driver for overall revenue with continuously improving conversion rates per customer.