Core Viewpoint - In the first half of 2025, Kingboard Home reported a revenue of 1.469 billion yuan, a year-on-year decrease of 3.37%, and a net profit attributable to shareholders of 63.65 million yuan, down 8.37% compared to the previous year [1] Financial Performance - Revenue for the first half of 2025 was 1,468,943,596.54 yuan, compared to 1,520,132,893.30 yuan in the same period last year, reflecting a decline of 3.37% [1] - Total profit for the period was 61,241,185.80 yuan, down 13.65% from 70,922,826.30 yuan year-on-year [1] - Net profit attributable to shareholders decreased to 63,651,763.80 yuan from 69,465,594.78 yuan, a decline of 8.37% [1] - The net profit after deducting non-recurring gains and losses was 34,138,633.45 yuan, down 12.98% from 39,231,390.28 yuan [1] - The net cash flow from operating activities was 230,357,616.18 yuan, a decrease of 17.74% compared to -195,652,121.79 yuan in the previous year [1] Revenue by Channel - Retail channel revenue reached 820 million yuan, showing a growth of 20.27% year-on-year [1] - Home decoration channel revenue, which includes retail home decoration, Kingboard whole-house customization, and home decoration direct supply, was 292 million yuan, increasing by approximately 30% [1] - Overseas channel revenue was 151 million yuan, reflecting a year-on-year decline [1] Store Layout - As of the reporting period, Kingboard Home has established a four-tier store layout, including retail window stores, retail home decoration selection stores, shared large stores, and community stores [1] - The total number of retail stores reached 1,356, with 613 sample stores for package delivery [1]
金牌家居上半年营收14.69亿元净利润同比下降8.37%