Group 1 - The core viewpoint of the article indicates that Baoshan International (03813) has issued a profit warning, leading to a decline of over 7% in its stock price, which is currently down 5.56% at HKD 0.51 with a trading volume of HKD 1.8409 million [1] - The company anticipates a revenue of approximately RMB 9.159 billion and a profit attributable to shareholders of about RMB 188 million for the six months ending June 30, 2025, representing a year-on-year decrease of approximately 8.3% and 44.1% respectively [1] - The announcement highlights that the group is facing a rapidly changing consumer landscape, with weak consumer confidence in mainland China and high inventory levels, resulting in sluggish foot traffic and intense price competition [1] Group 2 - The sales momentum of the retail network has further slowed down, leading to a same-store sales decline of 10% to 20% [1] - Lower-tier cities are also experiencing weak foot traffic, significantly impacting the performance of the group's franchise channels [1] - Despite stringent cost control measures, the decline in sales scale has resulted in operational leverage, compounded by increased discounting in a promotional environment, which has adversely affected the company's profitability [1]
港股异动 宝胜国际(03813)盈警后跌超7% 预期中期纯利同比减少约44.1%