永辉超市半年大亏2.4亿！关亏损门店227家，按胖东来调改124家

Core Viewpoint - Yonghui Supermarket reported a significant decline in revenue and a net loss for the first half of 2025, primarily due to strategic transformations and store closures [1][3]. Financial Performance - The company achieved a revenue of 29.948 billion yuan in the first half of 2025, a decrease of 20.73% compared to the same period last year [2]. - The net profit attributable to shareholders was a loss of 240.57 million yuan, compared to a profit of 275.31 million yuan in the previous year [2]. - The total profit for the period was -207.06 million yuan, indicating a substantial decline in overall profitability [2]. - The net cash flow from operating activities was 1.21 billion yuan, down 58.92% year-on-year [2]. Strategic Changes - The revenue decline is attributed to the company's deep strategic transformation initiated in the second half of 2024, which included closing long-term loss-making stores and undergoing store renovations [2][3]. - During the reporting period, the company closed 227 loss-making stores, incurring costs related to lease and personnel compensation, as well as asset write-offs [3]. - The company is focusing on upgrading its supply chain, which has led to a temporary decrease in gross profit margin, reported at 20.80%, down 0.78 percentage points from the previous year [3]. Online Business Development - Online business revenue reached 5.49 billion yuan, accounting for 18.33% of total revenue, with a year-on-year reduction in losses of 34.75 million yuan [4]. - The self-operated home delivery service generated sales of 3.14 billion yuan, with an average daily order volume of 216,000 and a monthly repurchase rate of 56.3% [4]. Store Network Expansion - The company opened 4 new stores during the reporting period, increasing total store count to 552 across 26 provinces and municipalities [4]. - As of June 30, 2025, a total of 124 renovated stores were operational [5]. Future Plans - The company plans to further enhance its transformation efforts in 2025, with a goal to incubate 100 billion-yuan level products and establish annual dialogue mechanisms with core suppliers [9]. - The CEO emphasized the importance of focusing on core suppliers and long-term strategies to drive the company's transformation [8].