Core Insights - The company reported a revenue of approximately 2.593 billion yuan for the first half of 2025, representing a year-on-year growth of 27% [1] - The profit attributable to the company's owners reached 65.924 million yuan, a significant increase of 504.4% year-on-year [1] - Adjusted net profit was 91.42 million yuan, marking a year-on-year growth of 79.6% [1] - Basic earnings per share stood at 0.5 yuan [1] Revenue Growth Drivers - Revenue growth was primarily driven by the continuous expansion of the store network across the country, strong sales from new stores in new markets, and sustained positive sales trends in existing markets [1] Store Network Expansion - As of June 30, 2025, the company operated 1,198 stores in 48 cities across mainland China [1] - Among these, 515 stores were located in first-tier cities, accounting for 43% of the total store count, while 683 stores were in non-first-tier cities, making up 57% [1] - The company plans to open 300 new stores in 2025, having already net opened 190 new stores in the first half of 2025 [1] - As of August 15, 2025, an additional 43 stores were net opened, with 27 stores under construction and 35 stores signed, indicating a strong potential to meet the 2025 target of 300 new stores [1] Membership Growth - The company's membership base reached 30.1 million, reflecting a year-on-year increase of over 55% [1] - Membership sales contributed to 66% of total sales, showcasing the company's effectiveness in acquiring and retaining new customers [1] - The rapid expansion of the store network, combined with accelerated digital application penetration, significantly enhanced the company's customer base [1]
门店扩张 + 会员增长双驱动!达势股份 (01405) 中期经调整净利同比增长79.6% 新市场贡献强劲