霸王茶姬三季度财报电话会：海外市场成重要增长引擎，马来门店突破200家

Core Insights - The core viewpoint of the article highlights the significant growth of the company, BaWang ChaJi, particularly in its overseas markets, as evidenced by its financial performance and expansion efforts in Q3 2025 [1] Financial Performance - As of September 30, 2025, BaWang ChaJi reported a total GMV of 7.93 billion yuan, with overseas GMV exceeding 300 million yuan, marking a year-on-year increase of over 75% for two consecutive quarters [1] - The company's net revenue for Q3 reached 3.208 billion yuan, with an adjusted net profit of 503 million yuan [1] Store Expansion - The total number of global stores reached 7,338, with 54 new stores opened overseas during Q3, including entries into the Philippines and Vietnam [1] - As of September 30, 2025, the total number of overseas stores reached 262, with Malaysia accounting for 196 of these [1] Product Localization Success - BaWang ChaJi's localized products have seen success, such as the limited edition "Qingyu Xiangti" series of fresh milk tea in Malaysia, which accounted for 50% of the cup volume on the first day of the event [1] - In Singapore, the same product achieved an average daily cup volume of over 500 cups in its first week [1] - The "Huatianshan Oolong" tea reached a cup volume share of over 30% within 15 days of its launch in Indonesia and 16% in Thailand [1]