Miaoke Blue Ocean: Q1 2026 Revenue of 1.63B yuan, up 31.81% year over year

Beijing Business Daily reported (Reporter Kong Wenxie). On April 3, the 2026 first-quarter performance quick report released by MIAOCO BLUE2 showed that in Q1 it generated total operating revenue of approximately 1.63B yuan, up 31.81% year over year. After excluding the impact of equity incentive expense amortization, it is expected to achieve net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of 72.2989 million yuan, up 11.33% year over year. Specifically, looking at the consumer-facing C-end business, all three major segments—room-temperature, chilled, and e-commerce—posted solid year-over-year growth. At the same time, MIAOCO BLUE2 continued to strengthen its business-to-business (B-end) efforts aimed at enterprises, with growth primarily driven by the catering industry and large customers. In addition, judging from the income statement, the non-recurring profit attributable to shareholders of the listed company decreased slightly by 1.48% year over year; the quick report provided the following explanation: “The decline is mainly due to the amortization of equity incentive expenses in Q1 2026.”