Core Viewpoint - Baifu Holdings (01488.HK) reported stable system sales for the first half of 2025, with total sales amounting to RMB 1,716 million, unchanged from 2024 [1] Group 1: Sales Performance - The total system sales for the group's brands, including both direct and franchised restaurants, reached RMB 1,716 million for the first half of 2025, maintaining stability compared to 2024 [1] - The number of stores under the group's brands and joint ventures reached 1,131 as of June 30, 2025, showing little change from the first half of 2024 [1] - The system sales for the group's direct and franchised restaurants amounted to RMB 274 million in the first half of 2025, a decrease of 13.6% compared to the same period in 2024 [1] Group 2: Financial Performance - The financial report indicated revenue of RMB 190 million, representing a year-on-year decline of 22.0% compared to the same period in 2024, primarily due to intense market competition [1] - The group recorded a loss of approximately RMB 36.2 million for the six months ending June 30, 2025, an improvement from a loss of RMB 46.6 million for the same period in 2024, attributed to reduced operating losses and increased profits from joint ventures [1]
百福控股(01488.HK)中期亏损约3620万元