Core Insights - Company reported total revenue of RMB 5.6629 billion for the first half of 2025, representing a year-on-year growth of 41.2% [1] - Gross profit reached RMB 1.786 billion, also showing a year-on-year increase of 41.0% [1] - Profit attributable to the parent company was RMB 1.625 billion, marking a significant year-on-year growth of 121.5% [1] - Basic earnings per share stood at RMB 0.72 [1] Store Network Expansion - Company operates a franchise model to open and manage "Guming" brand stores, with a total of 11,179 stores as of June 30, 2025, up 17.5% from 9,516 stores a year earlier [1] - The store network covers over 200 cities across various tiers in China [1] - As of June 30, 2025, 81% of the stores are located in second-tier and lower cities, a slight increase from 79% a year prior [1] - The proportion of stores located in towns, typically away from city centers, increased from 39% to 43% [1] New Store Openings and Closures - The pace of new store openings accelerated compared to the first half of 2024, attributed to the recovery of the ready-to-drink tea market and adjustments in store expansion strategies [2] - The company introduced incentives for franchisees to open new stores [2] - The number of closed stores slightly increased due to various factors, including underperformance and location issues [2] - The company actively discussed closures with franchisees for stores that did not meet operational standards or were in less favorable locations [2]
古茗(01364.HK)上半年纯利增长121.5%至16.25亿元 营收同比增长41.2%