Financial Performance - For the three months ended March 31, 2025, the company reported revenue of approximately RMB 5,107.1 million, a decrease of 5.4% compared to RMB 5,400.3 million in the same period last year[9] - The gross profit for the same period was RMB 1,672.2 million, down 6.8% from RMB 1,794.0 million, resulting in a gross margin of 32.7%, a decline of 0.5 percentage points year-on-year[9] - Operating profit decreased by 16.9% to RMB 230.5 million from RMB 277.3 million, with an operating margin of 4.5%, down 0.6 percentage points year-on-year[9] - The net profit for the period was RMB 148.6 million, representing an 18.2% decrease from RMB 181.7 million in the previous year[9] - Profit attributable to the company's owners was RMB 138.4 million, down 20.6% from RMB 174.4 million year-on-year[9] - The total comprehensive income for the period was RMB 148.8 million, compared to RMB 182.7 million in the previous year[5] Financial Position - The company maintained a strong financial position with excellent net cash levels despite a challenging economic backdrop[7] Sales Performance - Online sales continued to outperform offline retail, driven by the company's commitment to enhancing its omnichannel capabilities[7] - The company is dynamically managing its store portfolio to improve sales conversion rates amid fluctuating foot traffic in physical stores[7] Accounting Standards - The company has adopted revised Hong Kong Financial Reporting Standards effective from January 1, 2025, with no significant impact on its financial performance[6]
宝胜国际(03813) - 2025 Q1 - 季度业绩