Group 1 - The core viewpoint of the article highlights Aeon (00984) reporting a mid-year loss for 2025, with a revenue of approximately HKD 39.31 billion, a year-on-year decrease of 3% [1] - The company reported a loss attributable to shareholders of approximately HKD 2.17 billion, an increase of 27% year-on-year, with a loss per share of HKD 0.8361 [1] - The Hong Kong business segment experienced a revenue decline of 5.97% to HKD 17.84 billion, with a loss of HKD 1.62 billion compared to a loss of HKD 1.443 billion in the first half of 2024 [1] Group 2 - Excluding foreign exchange factors, the adjusted loss for the Hong Kong business was HKD 1.41 billion, an improvement of 9.5% compared to an adjusted net loss of HKD 1.556 billion in the first half of 2024 [1] - The management believes that excluding foreign exchange gains and losses provides a clearer picture of the operational efficiency of the core business, aiding investors in assessing the trend of ongoing improvements [1] - The mainland China division saw a slight increase in gross margin, primarily due to a significant rise in self-branded sales, with online sales also showing a year-on-year increase [2] Group 3 - The company has responded flexibly to market changes, capitalizing on the consumption trend of Hong Kong residents shopping in mainland China, opening five new independent supermarkets in the Greater Bay Area [2] - The new stores include locations in Longgang, Foshan, and multiple sites in Guangzhou, aimed at attracting new and loyal customers in the region [2] - The company is actively reviewing store performance, closing the Bao'an store in Shenzhen and renewing the lease for the Tianhe store in Guangzhou to optimize its store network and enhance overall efficiency [2]