Guofang Group Hits Record High as First-Half Net Profit Jumps 214.09%
Guofang Group shares rose 6.75% to RMB 16.13, a record high, with 23.58 million shares traded for RMB 380 million and a turnover rate of 3.54%. The company's total A-share market capitalization reached RMB 10.74 billion. First-half revenue rose 10.35% to RMB 422 million, while net profit climbed 214.09% to RMB 71.13 million. Basic earnings per share were RMB 0.1100, and weighted average return on equity was 4.34%.
Guofang Group's share price hit a record high. As of 9:32, the stock was up 6.75% at RMB 16.13, with trading volume of 23.58 million shares and turnover of RMB 380 million. The turnover rate was 3.54%. The company's latest total A-share market capitalization reached RMB 10.74 billion, with A-share free-float market capitalization also at RMB 10.74 billion.
The commerce and retail sector to which Guofang Group belongs fell 0.69% overall. Within the sector, 29 stocks rose, with three hitting the daily limit, including Zhongbai Group and Nanning Department Store. Sixty-two stocks declined, with CITIC Metal, Xinxunda and Cuiwei leading the losses, down 6.25%, 2.92% and 2.53%, respectively.
The company's half-year report shows that in the first half of 2026 it generated operating revenue of RMB 422 million, up 10.35% year on year, and net profit of RMB 71.13 million, up 214.09% year on year. Basic earnings per share were RMB 0.1100, and the weighted average return on equity was 4.34%.