Deewin Tianxia FY26 interim net profit drops 63% to RMB 33.9 million; revenue rises 26.2% to RMB 1.43 billion

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Deewin Tianxia reported FY26 interim results showing revenue growth of 26.2% to RMB 1.43 billion, driven by a 36.4% increase in logistics and supply chain services. However, net profit plummeted 63% to RMB 33.9 million due to a 6.8% drop in gross profit and more than doubling of financial asset impairment losses to RMB 49.1 million. Gross margin narrowed to 14.1%, and pre-tax profit fell 51.7%. The company's finance lease receivables rose to RMB 8.66 billion.

  • Deewin Tianxia posted revenue of RMB 1.43 billion, up 26.2% year-on-year, while net profit fell 63% to RMB 33.9 million. * Gross profit slipped 6.8% to RMB 203 million; gross margin narrowed 5 percentage points to 14.1%. * Net impairment losses on financial assets more than doubled to RMB 49.1 million; profit before tax dropped 51.7% to RMB 57 million. * Logistics and supply chain services revenue climbed 36.4% to RMB 1.05 billion; supply chain financial services rose 7.5% to RMB 244.1 million. * Finance lease receivables increased to RMB 8.66 billion; heavy commercial vehicles registered on its IoV platform reached about 1,317,300. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deewin Tianxia Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306310), on August 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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