ZYSC(SH:600280) Zheng Quan Zhi Xing·2025-08-26 12:17Core Points - The company reported no changes in store numbers during the reporting period [1] - The company disclosed key operating data for the first half of 2025 [1] Business Performance by Sector - Department Store Revenue: 101,524.06 million, with a gross margin of 57.38%, showing a year-on-year decrease of 6.46% in revenue and a decrease of 5.83% in cost [2] - Commercial Real Estate Revenue: 13,942.99 million, with a gross margin of 4.42%, experiencing a significant decline of 38.65% in revenue year-on-year [2] - Service Revenue: 1,287.22 million, maintaining a gross margin of 100.00%, with a slight decrease of 5.04% in revenue [2] - Total Revenue: 116,754.27 million, with a gross margin of 51.53%, reflecting an overall revenue decrease of 11.96% year-on-year [2] Business Performance by Region - Jiangsu: Revenue of 97,505.79 million, down 14.04% year-on-year [2] - Anhui: Revenue of 14,476.65 million, with a slight increase of 0.16% [2] - Henan: Revenue of 884.02 million, down 13.80% [2] - Hubei: Revenue of 2,620.01 million, up 16.90% [2] - Shandong: Revenue of 1,267.80 million, down 13.90% [2] - Total Revenue by Region: 116,754.27 million, reflecting an overall decrease of 11.96% [2]