DAHON TECH announces record revenue and profit growth for the first half of 2026
DAHON TECH (HKEX: 2543), a global leader in folding bicycles, reported provisional results for the six months ended June 30, 2026. Revenue reached approximately $73 million, up 53.7% year-over-year, with gross margin rising to 35.2%, an increase of 1.7 percentage points. Net profit attributable to shareholders was around $10 million, a 72.3% rise compared to the prior period, while net margin reached 13.2%. Online sales in China grew by 84.3%, and international markets saw an even stronger growth rate of 86.6%. The company attributed its performance to six key areas: brand expansion, proprietary technology, product diversification, omnichannel strategy, licensing programs, and operational efficiency improvements. DAHON continued expanding its global presence through major industry events like EUROBIKE and the China International Cycle Show while enhancing its patent portfolio with 175 valid patents worldwide. The company also integrated AI into manufacturing processes to boost product development speed. In terms of market strategy, DAHON maintained a strong retail network in China and achieved top rankings on e-commerce platforms Tmall and JD.com.
Topics: brand_expansion online_sales profit_margin revenue_growth