Core Viewpoint - The company reported a significant decline in revenue and profit due to low consumer confidence and high industry inventory levels, leading to weak foot traffic and intense price competition [1] Financial Performance - For the nine months ending September 30, 2025, the company recorded revenue of approximately RMB 12.903 billion, a decrease of 7.7% compared to the same period last year [1] - The profit attributable to the company's owners decreased by 50.1% to approximately RMB 171 million [1] Market Conditions - The company continues to face challenges from low consumer confidence and high inventory levels in the industry, resulting in weak customer traffic and severe price competition [1] - The third quarter is identified as a low season for retail business, exacerbating the impact of reduced sales scale [1] Strategic Responses - The company is actively promoting dynamic inventory management, strict cost control, and organizational strategy adjustments to mitigate the challenges [1] - Despite the difficulties, the company is enhancing its omnichannel capabilities, with a steady trend in online sales helping to alleviate pressure on its offline retail channels [1]
宝胜国际(03813.HK)：前三季度纯利减少50.1%至1.71亿元