今世缘上半年营收减少4.84%至69.5亿元，Q2单季下滑29.69%

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025 compared to the same period in 2024, indicating challenges in its financial performance [1] Group 1: Financial Performance - The company's revenue decreased by 4.84% to 6.95 billion yuan in the first half of 2025, while net profit fell by 9.46% to 2.229 billion yuan [1] - In Q2 2025, the company's revenue was 1.852 billion yuan, representing a year-on-year decline of 29.69%, and net profit was 0.585 billion yuan, down 37.06% year-on-year [1] Group 2: Revenue by Product - Revenue from Special A+ products in the first half of 2025 was 4.311 billion yuan, a decrease of 7.3% compared to 4.654 billion yuan in the same period of 2024 [2] - Revenue from Special A products increased slightly by 0.74% to 2.232 billion yuan, while A class products saw a decline of 10% to 0.232 billion yuan [2] - B class products revenue decreased by 6.3% to 0.077 billion yuan, and revenue from C and D class products dropped significantly by 39.3% to 0.026 billion yuan [2] - Other products experienced a revenue decline of 9.8% to 0.028 billion yuan [2] Group 3: Revenue by Region - Revenue from domestic sales was 6.254 billion yuan, down 6% from 6.658 billion yuan in the previous year [2] - The Huai'an region generated 1.226 billion yuan, a decrease of 4.3%, while the Nanjing region saw a decline of 7.9% to 1.753 billion yuan [2] - The Chinan region's revenue fell by 11% to 0.728 billion yuan, while the Chizhong region remained relatively stable with a slight decrease of 0.2% to 1.116 billion yuan [2] - The Yancheng region's revenue decreased by 6.31% to 0.753 billion yuan, and the Huaihai region's revenue dropped by 7.3% to 0.677 billion yuan [2] - Conversely, revenue from outside the province increased by 4.78% to 0.628 billion yuan [2]