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达势股份绩后涨超6% 中期经调整净利同比增长79.6% 全国范围内持续扩张门店网络

Core Viewpoint - Dashi Holdings (01405) reported strong financial results for the first half of 2025, with significant revenue and profit growth, driven by store expansion and strong sales performance in both new and existing markets [1][2] Financial Performance - Revenue for the first half of 2025 reached approximately 2.593 billion yuan, representing a year-on-year increase of 27% [1] - Profit attributable to the company's owners was 65.924 million yuan, showing a remarkable year-on-year growth of 504.4% [1] - Adjusted net profit stood at 91.42 million yuan, up 79.6% year-on-year [1] - Basic earnings per share were reported at 0.5 yuan [1] Store Expansion - As of June 30, 2025, the company operated 1,198 stores across 48 cities in mainland China [1] - Among these, 515 stores were located in first-tier cities, accounting for 43% of the total, 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 opened 190 new stores in the first half of the year [1] - As of August 15, 2025, an additional 43 stores were opened, with 27 under construction and 35 signed for future openings, indicating a strong pipeline to meet the 2025 target [1] Membership Growth - The company reported a membership base of 30.1 million, reflecting a year-on-year growth of over 55% [2] - Membership sales contributed to 66% of total sales, highlighting the company's effectiveness in customer acquisition and retention [2] - The rapid expansion of the store network, combined with accelerated digital application penetration, has significantly enhanced the company's customer base [2]