Core Viewpoint - The company, Gao Xin Retail, anticipates a net loss of approximately RMB 110 million to RMB 140 million for the six months ending September 30, 2025, compared to a net profit of RMB 186 million in the same period last year [1] Revenue and Profit Analysis - Revenue is under pressure due to intensified market competition and weak consumer demand, leading to a decline in average transaction value and product prices [1] - The company experienced a double-digit year-on-year revenue decline, exacerbated by the calendar effect of the combined Mid-Autumn Festival and National Day [1] - Profitability is impacted by multiple factors, including a significant cost reduction initiative that offset revenue declines, and one-time impacts such as revenue drops during store adjustments and approximately RMB 150 million loss attributed to organizational optimization in the Central China region and reduced interest income [1] - Despite the pressure on net profit, the company's net cash position remains better than the same period last year [1]
高鑫零售(06808.HK)盈警：预计中期净亏损约1.1亿元至1.4亿元