High Templar Tech reports RMB417 million profit
- High Templar Tech (NYSE:HTT) reported first-half 2026 shareholder net income of RMB416.9 million as revenue fell 72.7% after winding down its last-mile delivery business.
- Revenue declined to RMB8.0 million, while diluted earnings per American depositary share fell to RMB2.64 from RMB2.72.
- High Templar Tech said its current ADS buyback program had reached 69.1 million ADS purchases totaling approximately US$208.3 million by October 13.
High Templar Tech (NYSE:HTT) reported first-half 2026 shareholder net income of RMB416.9 million, compared with RMB461.9 million in the same period last year.
The company’s revenue declined 72.7% to RMB8 million as it completed the wind-down of its last-mile delivery business.
Net interest and investment income increased to RMB1,283.6 million from RMB605.9 million, while derivatives resulted in a RMB602.7 million loss compared with a RMB77.5 million gain in the prior-year period.
High Templar Tech reported operating activities generated RMB1,142.6 million in cash, with cash and equivalents of RMB3,811.5 million and restricted cash of RMB2,322.5 million as of June 30, 2026.
High Templar Tech operates technology-focused businesses and has shifted away from its previous last-mile delivery operations while maintaining investment and financial activities.
