智通财经网·2025-08-19 04:25Group 1: Financial Performance - The company reported a revenue of RMB 23.942 billion for the six months ending June 30, 2025, representing a year-on-year increase of 0.83% [1] - The net profit attributable to shareholders was RMB 5.789 billion, a year-on-year increase of 23.04% [1] - The basic earnings per share were RMB 1.78, with an interim dividend proposed at RMB 0.464 per share [1] Group 2: Profitability and Margins - The gross profit margin increased by 2.0 percentage points to a record high of 48.9% due to the high-end beer strategy and cost savings in raw material procurement [1] - The company's unaudited EBITDA and net profit attributable to shareholders reached record highs of RMB 7.691 billion and RMB 5.789 billion, respectively, with year-on-year growth of 20.8% and 23.0% [1] - The beer segment's unaudited EBITDA and net profit attributable to shareholders grew by 13.8% and 17.3% year-on-year [1] Group 3: Beer Business Performance - The company achieved beer sales of approximately 6.487 billion liters in the first half of 2025, a year-on-year increase of 2.2% [1] - High-end beer products continued to perform well, with sales of premium and above beer increasing by over 10% year-on-year [1] - Notable brands such as "Heineken®" saw sales growth exceeding 20%, "Snow" experienced over 70% growth, and "Red爵" sales doubled compared to the same period last year [1] Group 4: Liquor Business Performance - The liquor business reported an unaudited revenue of RMB 0.781 billion in the first half of 2025, with the major product "摘要" contributing nearly 80% of this revenue [2] - The gross profit margin for the liquor business remained stable, with unaudited EBITDA of RMB 0.218 billion [2]