海底捞上半年营收超过200亿元，人均消费为97.9元

Core Insights - In the first half of 2025, the company reported a revenue of approximately 20.703 billion yuan, a year-on-year decrease of 3.7% [2] - The core operating profit was about 2.408 billion yuan, down 14.0% year-on-year, while net profit was approximately 1.755 billion yuan, reflecting a 13.7% decline [2] - The decline in profits was attributed to a decrease in table turnover rates and initial adjustments in product and service innovations [2] Financial Performance - Revenue for the first half of 2025 was approximately 20.703 billion yuan, down 3.7% from the previous year [2] - Core operating profit was about 2.408 billion yuan, a decrease of 14.0% year-on-year [2] - Net profit for the period was approximately 1.755 billion yuan, reflecting a 13.7% decline [2] Restaurant Operations - The average table turnover rate for self-operated restaurants was 3.8 times per day, down from 4.2 times per day in the same period last year [2] - The average customer spending was 97.9 yuan, slightly up from 97.4 yuan year-on-year [2] - The decline in table turnover and customer traffic was mainly due to intensified competition in the dining market and changes in consumer demand [2] Store Network Optimization - As of June 30, 2025, the company operated a total of 1,363 restaurants, including 41 franchise locations [3] - In the first half of 2025, the company opened 25 self-operated restaurants and 3 franchise restaurants [3] - The company closed 33 restaurants that did not meet performance expectations or had insufficient growth potential [3]