LBX(SH:603883) Zheng Quan Shi Bao Wang·2025-10-28 11:57Core Insights - The company reported a slight increase in performance for Q3 2025, with revenue reaching 5.296 billion yuan, a year-on-year growth of 0.07%, and a net profit attributable to shareholders of 131 million yuan, up 2.62% year-on-year, indicating a recovery in growth rate [1] - The company announced a mid-term dividend plan for 2025, proposing a cash dividend of 0.14 yuan per share, totaling 106 million yuan, bringing the cumulative cash dividends since its IPO to 2.175 billion yuan, which is 215% of the net funds raised during the IPO [1] - The chairman and president of the company stated that the pharmaceutical retail industry is still undergoing adjustment and market clearing, and the company is focusing on dual-line transformation, supply chain optimization, AI empowerment, and professional service upgrades to improve operational performance [1] Financial Performance - In the first three quarters, the company achieved a cumulative revenue of 16.07 billion yuan and a net profit of 529 million yuan [1] - The total number of stores reached 15,492, including 9,741 direct-operated stores and 5,751 franchised stores, covering 18 provincial markets [1] Strategic Initiatives - The company has fully launched a "dual-line" transformation strategy in Q3 2025, shifting store operations from a "transactional" to a "relationship-based" model, enhancing customer service experience through cultural promotion and optimized assessment mechanisms [2] - The company has improved its centralized procurement ratio to 75.2%, an increase of 3.9 percentage points year-on-year, and has implemented projects to optimize product structure and enhance customer loyalty [2] - The self-developed AI platform "Old Bai's Little Maruko AI" has been upgraded to version 2.0, covering key scenarios such as medical insurance policies and chronic disease services, effectively improving internal efficiency and employee capabilities [2] - Online sales for the first three quarters reached approximately 2.23 billion yuan, reflecting a year-on-year growth of 28% [2]