Gudou Holdings (08308) has announced its interim results for the six months ended June 30, 2026, revealing a net loss of RMB 26.456 million, a 13.6% improvement compared to the same period last year.

The company recorded revenue of RMB 8.881 million for the period, representing a sharp decline of 57.3% year-on-year. The basic loss per share stood at RMB 1.9 cents.

The significant drop in turnover was primarily attributed to the reduced contribution from the group's tourism property development segment. Notably, during the reporting period, the company did not generate any revenue from tourism property development activities.

The narrowing of the net loss was mainly driven by decreased selling and administrative expenses during the period, which helped offset the impact of the revenue shortfall on the company's bottom line.