Group 1 - The company reported a revenue of 7.877 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 10.5% [1] - The profit for the period was 307 million RMB, up 7.8% year-on-year, while the adjusted net profit reached 410 million RMB, reflecting a 14.6% increase [1] - The company maintained its position as the leading player in the independent automotive service market in China, achieving a gross profit of 2 billion RMB with a gross margin of 25.2% [1] Group 2 - In response to the layered demand and slowing consumption in the industry, the company increased investments in branding, customer acquisition, and support for franchisees and technicians [2] - The adjusted sales and marketing expense ratio slightly increased by 0.1 percentage points compared to the same period last year, while operational and administrative expenses were optimized [2] - The total operating expenses for the period amounted to 1.8 billion RMB, accounting for 22.4% of revenue, which shows continued optimization compared to the same period in 2024 [2] Group 3 - The company achieved an adjusted net profit of 1.41 billion RMB for the first half of 2025, a 14.6% increase compared to the same period in 2024 [2] - Free cash flow reached 347 million RMB, representing a 32.2% increase year-on-year [2] - As of the end of the reporting period, the company had approximately 7.5 billion RMB in cash reserves, indicating strong liquidity [2]
收入端同比与环比的双向提速 途虎-W中期经调整净利润4.1亿元 同比增加14.6%