巴奴递表港交所！一季度营收7.087亿元

Core Viewpoint - Banu International Holdings Limited has submitted its listing application to the Hong Kong Stock Exchange, with CICC and CMB International as joint sponsors [1] Financial Performance - The company reported revenues of RMB 1.4331 billion, RMB 2.1116 billion, and RMB 2.3073 billion for the years 2022, 2023, and 2024 respectively, with adjusted net profits of RMB 41.5 million, RMB 143.7 million, and RMB 195.9 million for the same years [3] - In Q1 2024 and Q1 2025, Banu achieved revenues of RMB 563.9 million and RMB 708.7 million, with adjusted net profits of RMB 57.5 million and RMB 76.7 million [3] Business Expansion - Banu opened its first store in Anyang, Henan in 2001 and expanded to Zhengzhou in 2009, marking the beginning of its national development [3] - As of the latest feasible date, Banu operates 145 stores across 39 cities, a 74.7% increase from the end of 2021, with 53 stores located in Henan [3] - The company has established 5 comprehensive central kitchens and 1 specialized base material processing plant [3] Operational Metrics - In Q1 2025, the operating profit margin for Banu's stores in first-tier cities was 20.7%, while for second-tier and below cities it was 24.5%, both above the industry average according to Frost & Sullivan [4] - The overall table turnover rate increased from 3.0 times in 2022 to 3.7 times in Q1 2025, while the average customer spending decreased from RMB 147 in 2022 to RMB 138 in Q1 2025 [4]